Minnesota Elder Law Attorney
An elder law attorney in Minnesota can assist you with all of your elder law concerns and questions. Whether it pertains to medical issues and healthcare, financial assets or properties, an attorney from Johnston | Martineau, P.L.L.P. can help you with these things that you would like taken care of. It’s important to ensure that your assets and finances are in order and secure so that you or your loved one have everything in place for the future. Elder law attorneys from our firm have years of experience providing asset plans and sound advice for you or your loved one.
What Is Elder Law?
Elder law concerns itself with estate planning which includes wills, trusts, and asset management. It also includes areas like healthcare, retirement, financial planning and more. A Minnesota elder law attorney is able to provide many more details about all of these things. Attorneys from Johnston | Martineau, P.L.L.P. are here to help with any questions pertaining to elder law and can help you to set up wills, trusts or other asset management and financial planning for you or your loved ones.
What an Elder Law Attorney Can Do for You
There are many different things that an attorney practicing elder law can do for you. Elder law covers a broad range of different items as stated above stemming from assets and finances to healthcare and other elder concerns that even include possible elder abuse. Some other things they assist with include:
- Establishing Power of Attorneys or Durable Power of Attorneys
- Estate Planning that includes wills and trusts
- Discuss the different taxes involved with gifts and estates
- Provide other information from their years of experience in elder law
Why Should You Hire an Elder Law Lawyer?
Estate planning is important for people of all ages, but many begin thinking more about it as they get older. With friends and family who count on you, it is important to have a plan in place so that the loved ones will be cared for, even after you are gone. Whether you want to create a will, figure out who would be your medical power of attorney, and deal with your stocks and bank accounts after your passing. An elder law lawyer can go over all of the potential things estate planning has to offer, and discuss what things you want to be taken care of for your family before your passing so that they do not have additional stress to deal with.
Some things people do not think about, but that are benefits of estate planning, include:
- Creating ways to give some of your estate to charity
- Reducing taxes that your family has to pay in probate
- Planning for what happens if you ever become incapacitated
- Minimizing expenses that occur when it is time for beneficiaries to collect their inheritance
- Preventing confusion or arguments when family members begin to collect what was given to them in your will
- Drafting and creating legal documents that will hold up in court
- Establishing a guardian for any minor children who are in your care
An elder law lawyer is essentially an estate planning lawyer for older individuals or those with elderly family members that they want to see taken care of. It is important to begin thinking about estate planning while you are still able to make decisions, and you can always create living documents that can be changed as your life and relationships evolve. The more involved you are with a lawyer, the better protected your assets will be, which is why it is important to use an attorney instead of attempting to do estate planning on your own.
How to Begin Planning Your Estate
There is no set time frame that is recommended to planning your estate, but it is always important to have an estate plan set. You can speak about your goals and expectations with one of the Minnesota elder law attorneys at Johnston Martineau, PLLC so that we can begin forming a plan for your estate. This is a good way to ensure your assets are fairly distributed and that your beneficiaries are able to get the most from your estate, rather than it being taxed so much or given to the wrong people. One of our lawyers will speak with you about what your wishes are and come up with a plan from there. It’s alright if you don’t have a lot of ideas about what you want to do with an elder law attorney, as long as you are open and willing to talk about how you would like for all of your assets to be distributed. It is important to be thorough in this process to ensure all of your wishes are executed in your estate plan.
Putting Your Plan in Place
Our attorneys can put together a plan for you to ease the burden of the financial and asset management issues that you may end up having. If you or your loved one may need to go to a certain elder care facility, we can help to pair you with the right one and provide guidance. Other things needing a plan include medical care for the future and where to obtain that care. By considering these things the whole family can breathe a bit easier knowing that all things have been considered and that the care and accommodations needed for you or your loved one are met.
Get the Legal Counsel You Need
Dealing with issues pertaining to elder law doesn’t have to bring you down and cause stress. If you have questions or concerns regarding finances, are looking to prepare a will or secure your assets then it’s in your best interest to seek legal counsel that can take care of these issues on your behalf. A Minnesota elder law attorney from Johnston | Martineau, P.L.L.P. can provide you with all of the services you need as you get older. Contact us today for a free consultation. We are looking forward to hearing from you soon.