Elder Law
Elder law attorneys guide families through the legal and financial issues of aging and support the needs of caregivers through their journey. A primary challenge faced by adult children when they are planning for the future of their elder parents is the financial aspect. Another challenge would be to organize and manage the finances effectively. The third main challenge the children face is when they have to determine an avenue to pay for care when it exceeds income.
In the majority of such situations, children may speak to their parents regarding a power of attorney or setting up a trust so that if the parents are incapacitated or have diminished capacity, their children may exercise control over finances without any issues by using a durable power of attorney, a healthcare surrogate or revocable trust.
However, suppose the parents prefer to retain control or are stubborn. In that case, it becomes exceedingly difficult for a caregiver to have the ability to pay bills, manage investments, or make any financial or medical decisions.
Suppose the parent persists in their obstinate mannerisms while their capacity is diminished, to the extent that they cannot exercise control over the finances. In that case, the caregiver can seek guardianship to gain the necessary authority to act on behalf of the parent in the worst-case scenario.
The type of attorneys who serve this demographic is called “elder law attorneys.”
Serving the Northeast Florida region, Berg Bryant Elder Law Group, PLLC is a law firm of only elder law attorneys.
- What Actually Are Trusts?
- Who Or What Is Described As An Elder Orphan Under Elder Law?
- Is Elder Orphan Planning Only For People Without Family Or Is It For Everyone?
- Should Elder Orphans Seek Assistance From Finance Professionals For Their Estate Planning?
- Is It Ever Too Early To Start Elder Orphan Planning For The Future?
- Do A Lot Of People Migrate To Florida To Live There For Part Of The Year Or Perhaps To Relocate Full-Time?
- What Could Happen If I only Have Documents From Another State And Become Incapacitated Or Need Long-Term Care While In Florida?
- If We Have Assets In Another State, How Will That Impact Our Financial Planning For Long-Term Care In Florida?
- If Someone’s In A Situation Where Life Support Measures May Need To Be Taken But Has No Advance Directives Or Other Legal Medical Documents In Place, Who Decides What Care Will Be Administered?
- Can I Or Should I Ever Have More Than One Trust?
- Why Do You Recommend Trusts As A Basic Strategy For Estate Planning?
- What Is Involved In A Trust Administration?
- What Are Reasons That A Trust May No Longer Achieve Its Goals?
- How Do People Generally Discover A Broken Trust?
- What Can And Cannot Be Changed In A Trust?
- How Might An LLC Be Used For Estate Planning?
- Is Estate Planning One Size Fits All? Does Every Phase In Life Require Planning?
- What Are Some Probate Scenarios When Beneficiaries Inherit Real Estate In Florida?
- What Happens To The Home Or Vacant Property After The Death Of The Second Spouse If No One Was Added To The Title?
- What Are The Challenges Faced By Adult Children In Planning For The Future?
- When Is The Right Time To Start Planning For Your Aging Parents?
- What Are Important Things To Consider When Planning For Aging Parents?
- What Is The Role Of Medicaid In Planning For My Aging Parent’s Future?
- Can An Asset Protection Trust Be Utilized In Caring For Elderly Parents?
- Who Can Even Consider Applying For Veterans’ Benefits?
- What Is A Non-Service Connected Pension?
- What Are Eligibility Requirements For VA Non-Service Connected Pension With Aid And Attendance?
- Who Can Help Me With A VA Aid and Attendance Claim?
- When Do I Start Getting Money After My Claim Is Approved?
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