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What Are The Differences Between Elder Law And Estate Planning?

Elder Law Attorney Minnesota

What Type Of Advance Planning Can I Pursue? 

You need to get started early if you are trying to plan financial or medical documents for your elderly relative. If you attempt to retain an elder law attorney when your loved one is being transported to a long-term care facility it may be more difficult for you to obtain documents such as an advance directive for health care. An elder law attorney will not be able to provide the same level of service if your loved one is already being moved to a nursing home or other medical facility. 

If your elderly relative wants to protect his or her assets you need to retain an elder law attorney as soon as possible once you know that your relative is seeking legal representation. The Deficit Reduction Act has strengthened the rules regarding the transfer of assets. Advanced planning is a complex process and you need to make sure that you do everything in your power to protect your loved one’s assets. Johnston Martineau can help you protect your elderly loved ones and their interests. 

 

What Happens If The Law Changes?

The elder law attorneys at Johnston Martineau constantly review alterations and development in both state law and federal law. You do not have to worry about being caught unaware regarding a recent change in the law. Our attorneys will inform you of any changes that may affect your goals for your elderly loved one. 

 

What Are The Differences Between Elder Law And Estate Planning? 

Estate planning transfers assets to the decedent’s loved ones and heirs. Attorneys skilled in estate planning can reduce the tax burden placed on the decedent’s estate. Administrative costs and court costs can also increase if an estate is particularly complex or if multiple wills and trusts are part of the case. 

An elder law attorney can provide you with the knowledge and insight you need to help your loved one make the best decisions regarding their assets and their future healthcare. The longer you wait to retain a skilled elder law attorney the more likely it will be that your loved one will have to make compromises regarding their wishes. 

Johnston Martineau can help you find nursing care and in-home care for your loved one. Having an elder law attorney by your side will help you reach your goals and provide adequate care to your loved one in their time of need. Every tool and resource you need is available to you and your loved one. 

 

Contact Johnston Martineau Today To Schedule A Free Consultation 

If you are searching for a talented and experienced elder law attorney reach out to Johnston Martineau to schedule a free consultation during which we can discuss the facts of your case and how the law applies to those facts. Elder law is a complex legal field and you do not want to proceed without being represented by an elder law attorney. Call the office today at (507) 269-8463 and learn more about the legal services we offer. 

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