ARTICLES

It can be emotionally and mentally challenging to consider financial matters and make long-term life decisions. However, it is crucial to wisely manage your assets while aging and provide for the family members who will survive you. Your elder law attorney knows how to create an estate plan strategy that addresses these concerns.

The challenges of banking and bill-paying can increase with age, but incapacitation by accident or sudden illness can strike anyone at any age. Incapacity is not just about mental cognition, accident, or illness. You may have a loved one who cannot drive themselves to the bank or has a distinct visual or hearing impairment.

You may be wondering what estate planning and elder law entail and how they differ as you begin planning for your future, both financially and in terms of health care needs. Even though these two types of law are for different stages in life, they are often handled at the same time.

It is common for an aging parent to lose the ability to think clearly and make informed and meaningful decisions about their life as they age. This growing inability may occur due to Alzheimer’s disease, other forms of dementia, mental illness, stroke, brain injury, or other severe health or disability conditions.