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Tim Alles
Jordan Bush
Chris Shourds
Previous Newsletters
April 2021 Does My Estate Plan Have An Elephant In The Room? (Part I)
March 2021 How Can I "Trust" My Trustees?
February 2021 What Do Tiger Woods' Tweets, and Your Social Media Content
Have to Do with Estate Planning? (Part II)
January 2021 What Do Tiger Woods' Tweets, and Your Social Media Content
Have to Do with Estate Planning? (Part I)
December 2020 What Are Estate Taxes And Why Do They Matter?
November 2020 What Life Events Should Trigger an Estate Plan Review?
October 2020 My Child Is A Spendthrift. What Can I Do To Protect Their Inheritance?
September 2020 What Is the Difference Between Estate Planning and Elder Law?
August 2020 Estate Planning After a Divorce - What Does It Mean for Your Estate Plan?
July 2020 What Should You Expect From Your Trustee?
June 2020 Should You Pass Your Assets Through A Trust Or A Will?
May 2020 Important Issues To Consider For Your Estate Plan
April 2020 Important Estate Planning Considerations During a Pandemic Crisis
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What Is the Difference Between Estate Planning and Elder Law?
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People assume that estate planning is only
for seniors; so often it is confused with elder law.
However, estate planning can be important
for adults of all ages, and it is certainly not reserved for seniors. While
estate planning and elder law might overlap in certain aspects, there are
important differences to understand.
What Do Estate Planning
Attorney’s Do?
Estate planning is an area of law that focuses mainly on a
person’s estate, which includes the property and assets they own. Individuals
can plan to preserve their estate in the event they become incapacitated, as
well as how the estate will be distributed should the individual pass away.
Legal instruments that direct a trusted
party to make decisions, about healthcare and property, will apply if a person
becomes incapacitated and is unable to make decisions for themselves.
Estate planning involves drafting legal
documents, such as a:
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Last will and testament
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Revocable living trust
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Powers of attorney for Healthcare and Property
The reality is that people can suffer
incapacitating or fatal injuries or illnesses at any age; so, it is wise for
adults to create an estate plan as early as possible. This means that estate
planning lawyers work with clients of all ages.
What Do Elder Law Attorney’s Do?
Elder law focuses on protecting the needs
and rights of senior adults, as well as disabled adults, of any age.
Elder law attorneys concentrate on the well-being of individuals who need
extra care and might be vulnerable to abuse.
Elder care attorney’s may work with younger
clients who are disabled and need care, family members of seniors who need care,
or seniors themselves who want assistance to ensure their needs are met in the
best possible manner.
Elder law attorneys commonly handle:
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Long-term care planning
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Guardianship cases
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Elder abuse
Both areas of law can be highly beneficial
for a wide range of adults and their families. Many
practices have attorney’s who can offer services in both areas of the law.
It is important to consult with an experienced planning attorney, so that
you can determine the best path for your needs.
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