Elder law planning in Florida is a vital concern to most persons approaching their retirement years. It is a subject that is best addressed as early as possible. Adequate advance planning can allow for maximum protection against a less-than-optimal experience in one’s later years. To have the most control over one’s life and to assure that the most trusted family members or friends are given authority in the event of incapacity, elder law planning is the best way to prepare.
Elder law planning will prepare for potential periods of disability or illness that may entail an incapacity to act on one’s behalf. In that event, the individual will want to assure that he or she may stay in the family home for as long as possible. This can be done by advance planning in cooperation with an elder law attorney and, if necessary, with the assistance of a qualified financial planning expert. Family members can participate in devising a plan to suit in-home care if it becomes necessary.
The first step is to select a qualified elder law attorney. An individual wants to select an attorney who is experienced in handling many cases in the Florida system. The scope of elder law meshes with certain estate planning preparations, and the complexity of both fields requires a practitioner who has wide experience in all such matters. The process involves exchanging all the pertinent information so that the attorney can best address all of the issues that one has for his or her later years.
Wills, powers of attorney, health care directives, long-term care insurance, Medicaid planning and protection of assets are some of the vital issues to discuss and evaluate in meeting with the elder law attorney. When the attorney has all the pertinent information and knows the client’s concerns, the long-term care plan can be effectively established. Florida residents are concerned about how they will maintain a dignified and effective control over their financial and physical lives in their post-retirement years, and by following a strong planning process, they can most effectively achieve that goal.
Source: tippnews.com, “Top 10 Questions to Ask Your Elder Law Attorney”, May 26, 2018