What is Elder Law? Elder Law is a relatively new development in today’s legal field, as medical advancements and technologies have allowed life expectancies to increase dramatically over time. Financial planning and asset preservation can assist you or a loved one in finding peace of mind knowing that it’s not necessary to wade through these tricky legal applications alone. If you are facing a loved ones golden years or are currently facing some sort of financial crisis, an experienced elder law attorney can assist you in making sound financial decisions and also in securing and protecting those assets that your loved ones have accumulated over time, and will be able to ensure that all their wishes are fulfilled and everyone is happy. To learn more about the Gainesville Elder Law Attorney
The purpose of an elder law attorney is to advise and guide you in making sound decisions regarding your personal property, retirement accounts, insurance policies, trusts, and other important financial holdings. It’s essential for any individual, regardless of age, to make wise decisions in regards to their finances. In particular, any person must make sure that they do not outlive their money, so it’s important to plan for their eventual passing. While it is possible to use an estate attorney to protect your interests now, it’s also possible to employ an elder law attorney to help protect your interests in the future. Many individuals fail to plan for the unknown, and this is often a mistake.
Protecting your interests now will ensure financial security in the future for your family, especially if you become invalid or unable to care for yourself. You can consult with an elder law attorney if you are in need of legal guidance concerning your family’s financial affairs. Your attorney may be able to help you establish a special living trust or estate, which will in turn ensure that your assets are properly protected in the event that you become incapacitated or pass away. This type of arrangement is particularly helpful in cases such as those in which a loved one is in need of immediate medical care and cannot care for himself/herself on his/her own. An attorney can also advise you about whether or not your family should establish another trust, in order to ensure that your other assets are properly handed over to your beneficiaries.
CONTACT INFO :
Johnson Law Firm, PC
7430 Heritage Village Plaza #202, Gainesville, Virginia 20155
Phone Number : (703) 884-8003