Elder law deals with a diverse range of topics relevant to senior citizens, from retirement planning to long-term care and real estate. Even if you are far away from qualifying as a “senior,” an elder law attorney can help you prepare for the future. These are three of the most common reasons people turn to these professionals. 

3 Times to Hire an Elder Law Professional

1. Estate Planning

An elder law professional can draft the necessary legal documents determining what will happen to your assets when you pass on. Creating wills, trusts, and powers of attorney brings you peace of mind, as you can be certain that your loved ones will be taken care of. These documents need to be revisited and updated on an annual basis to ensure they still accurately reflect your wishes. For instance, if you get divorced and remarried, you will likely want to update your will.

2. Medicare & Medicaid Issues

Medicaid and Medicare are complicated—you want to make sure you are getting the coverage you deserve. For instance, North Carolina Medicaid requires you have no more than $2,000 in nonexempt assets to gain eligibility. The government is permitted to look back into your financial transactions over the past five years and seek recovery of assets you may have transferred or given away, however. An elder law professional can help you find legal ways to preserve your Medicaid eligibility while preserving assets—such as with an irrevocable trust. 

3. Long-Term Care Decisions

It’s essential to consider your wishes for long-term or end-of-life care while you are still healthy. Legal documents can specify medical wishes, such as whether you want to remain on life support—or who should make these decisions for you. If you are mentally unable to make your own choices, your family will know your wishes and be spared the stress of trying to make them for you.

For an elder law professional you can trust in High Point, NC, look to Cecil & Cecil PA. This law firm provides compassionate guidance rooted in detailed legal knowledge, providing legal counsel you can trust in. Their attorneys bring over 36 years of combined experience to the table. You can learn more about their practice areas online. For a consultation, call (336) 883-8383.