Elder law is diverse, covers a variety of issues, and can be complicated especially when you factor in wills, real estate taxes, asset distribution and more. Contacting an experienced elder law attorney can also help you avoid serious mistakes. Here are just a few reasons why seeking professional help is in your best interest.
1. State Laws Dictate Elder Law Issues
State laws control and outline what can and cannot be included in estate planning documents such as a will, trust, advance medical directive, and others. State laws also control who can and cannot serve as a personal representative, trustee or health care surrogate. Contacting an experienced elder law attorney can help you avoid costly mistakes that will not only impact your financial future, but your family’s as well.
2. Online vs. In Person
Many online services offer you the ability to create wills, trusts, and plan for long term health care. While you might think that you’ll save a few dollars, you and your family could be in for a rude awakening when you go to apply for Medicaid or VA benefits. You could end up spending significantly more money to fix mistakes that could have been avoided with the help of a qualified elder law attorney.
The same is true for certain estate planning documents. If you create them yourself or use a generic online service, part or all of your will, trust, or power of attorney might not be legally valid or won’t work as anticipated.
3. Think About Right Now
Confusing elder law with estate law is easy. Your estate is what you leave to your loved ones. Elder law focuses on creating a strategic plan that not only protects your estate, but also plans in advance for long-term care. For example, what if you become mentally or physically incapable of taking care of yourself and your business within the next five years? An elder law attorney can review your options so you so you can have a plan in place should a medical emergency like that occur.
Get Help From A Local Elder Law Attorney
At Evergreen Elder Law, we provide a holistic and team-centered approach to estate planning and asset protection to help Eastern Washington and Spokane seniors secure their financial future. Our goal is to help you put a flexible, thoughtful plan in place that protects as much of your estate as possible.
Interested in learning more about how we can help you? Contact us today to request a free initial consultation. Call 509-325-5222 or use our online contact form. Home visits are available.