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Elder Law Basics Elder law is a legal term that is used to cover a specific area of legal practice that puts emphasis on various issues that affect the aging population. As the elderly population in this country continues to grow, Elder Law has become one of the most broad area of practice. There are at least three primary categories that take up Elder Law: 1. Estate Planning and Administration including tax questions and information.
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2. Medicaid, disability, and other long term care information.
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3. Guardianship, conservatorship, and commitment matters There are a number of other issues that you can find under the umbrella of elder law including wills, trusts, estate planning, guardianship, protection against elder abuse, neglect, and fraud. Experts in elder law will also be able to help in issues such as end of life planning, all levels of disability and medical care, social security benefits, retirement planning, consumer protection, nursing homes, in-home care, power of attorney and physician or medical care. Estate Planning In the State of Florida When a person is in his or her old age and nearing the end of his or her life, it is important to consider issues that are related to what they will do with their belongings once they have passed on. Nevertheless, estate planning is more than just a “death plan”. Most of the time, elderly think that they can just administer a will and everything will be set in place once they are gone or can no longer decide on behalf of themselves. In the end, if you do not prepare your future in the right way, you may be subject to elder abuse or your loved ones may need to pay expensive tax consequences because of the inheritance that you will be leaving behind. Estate planning will cover all the information that you need including protecting your assets and tax proofing your properties. Information about Medicaid, Disability, and Long-Term Care Another crucial information in the field of elder law is payment for the medical needs and long term care of the elder. It is important that you get sufficient coverage in place to take care of your future expenses. Beyond financial issues, you also need to consider other important things like how you would like a medical practitioner to provide care during your end days. Leaving behind plans will help prevent families, as well as, loved ones of becoming uncertain on what needs to be done when you can no longer decide. Other crucial concerns that can be addressed by an elder law include, medical care directives, Crimes against the elderly, declarations and powers of attorney, landlord and tenant needs, real estate and mortgage assistance, tax issues, and discrimination.