The bad news is that your loved one – and you – are in a very leaky boat. The good news, though, is that your boat isn’t the “Titanic.” There is something you can do (if you don’t wait too long)!
You can call an Elder Law attorney. An attorney who practices Elder Law – and only Elder Law – will be familiar with all the issues facing you and your loved one. And she’ll have an arsenal of options at her disposal…options you probably would never have imagined otherwise.
An Elder Law attorney can prepare healthcare and financial powers of attorney customized for your loved one, according to his wishes and his needs. A power of attorney, however, is just one way the attorney can help. An Elder Law attorney can also advise you on how to create a comprehensive estate plan that will protect your loved one (and his/her life savings!)… on wills, trusts, long-term care planning, asset preservation, and possible issues with Medicaid or the VA.
Again, an Elder Law attorney will have suggestions that can help ensure your loved one will never be out of time, out of money, and out of options. And which can help protect the family from having to make decisions under crisis conditions.
Your state bar association will have a list of Elder Law attorneys. And so will the National Academy of Elder Law attorneys; just go to www.naela.org, and click on “Locate an Elder Law Attorney.”
If you have a senior loved one whose financial affairs are not yet in order, don’t wait. If they eventually lose their ability to make decisions regarding their own affairs, you’ll find yourself in court… and decisions about your loved one will be made by an impersonal legal system.
At The Law Offices of Alice Reiter Feld & Associates, we’ve been practicing Elder Law – and only Elder Law – for 33 years. And we’ve walked thousands of South Florida families through the Elder Care Journey, with comprehensive estate planning, powers of attorney, wills, trusts, long-term care planning, asset protection, and assistance with the VA or Medicaid.
It’s never too late. And we’re just a phone call away.
Help! My Loved One Has Legal And Financial Issues…But No Estate Planning Documents!