An elder law attorney can benefit you as you approach retirement age, it becomes increasingly important to look ahead to a future where you may need long-term care. There are a number of questions you may want to consider:
- Will you be able to afford the care you need?
- What if you need to move into a nursing home? Will you have sufficient income to pay for your medical needs and living expenses? Will you need to access benefits like Medicare, Medicaid and veterans benefits to help pay for your care?
- And what about your spouse? If he or she is in good health, will it be financial feasible to stay in your family home?
These are a few of the many questions that an experienced elder law attorney can help you consider.
Taking A Holistic Approach To Elder Law
At The Law Offices of Victor H. Falvey, our attorneys advise clients in El Paso and across West Texas on strategies to protect their family and their finances in the later years of life. Our extensive experience in the area of elder law planning allows us to take a comprehensive approach to planning. Because medical care is one of the largest expenses people face in later years, it’s an area where we focus a great deal of attention.
Many people make critical errors when planning for retirement because they don’t understand the unique nature of planning for long-term care. Improper use of a Trust can result in the unnecessary drawing down of your personal funds to pay for care when you might have accessed Medicaid or other government benefits.
In every case, our elder law lawyer conducts a thorough review of your entire financial situation. We work closely with you to develop a plan that provides you with the benefits you need while protecting the inheritance you hope to pass along to your heirs.
Do You Suspect Elder Abuse?
Another area of elder law involves the protection of vulnerable adults from abuse, neglect and financial exploitation by caregivers or family members. Are you concerned that your loved one is being taken advantage of by a housekeeper, a home health aid, or by a family member? Are you worried that someone is misusing your loved one’s bank account or pension check?
You may want to initiate a guardianship proceeding to care for a vulnerable adult – or to fight to remove a guardian who you believe is acting wrongly. If you suspect financial malfeasance, you may want to seek a Financial Power of Attorney to take charge of your loved one’s financial affairs. If fraud has occurred, you may be able to bring a case to court seeking reimbursement of funds wrongfully taken from the senior’s bank account.
Ask Our West Texas Lawyer How Elder Law Can Benefit
Contact our law office today to discuss your wishes regarding a Living Will and learn more about how we can help you. Call 915-229-6964 to schedule your initial consultation.