Things To Know About Elder Law

What should we be aware of when it comes to estate planning and elder care?

Estate planning is a critical component of elder care in the United States. When you die, your estate will be divided up into two parts: probate and non-probate. 

Probate assets are those that go through the court system to be distributed. Non-probate assets, such as life insurance policies or 401k accounts, are not processed through the court system. Most people think their assets will only go through probate if they die without a will. But even if you have written a will, some unexpected challenges may come with estate planning.

Estate planning and elder care are two of the most critical issues to think about to ensure that you, your family, and your elderly loved ones have a smooth transition after you are gone.

Here are some tips for handling both concerns:

  1. If you have an adult child with special needs, see if they qualify for state or federal benefits
  2. Sell any belongings that aren't worth keeping to provide additional funds for your family members' care.
  3. Be sure to plan for long-term care insurance so that your finances remain secure even if you cannot work or live independently.

Elder Law and Estate Planning Attorney Free Consultation In Utah

If you need legal help, call this law firm and talk with our experienced attorneys about elder care & estate planning for a FREE consultation.

We help you with Estate Planning, Wills, Trusts, Power of Attorney, Health Care Directive, Estate Administration, Probate and More

Parklin Law - Estate Planning

5772 W 8030 S, # N206

West Jordan UT 84081

(801) 618-0699

https://parkin-law.business.site/

40.605070, -112.027530

Disclaimer: This is not legal advice and is simply an answer to a question and that if legal advice is sought to contact a licensed attorney in the appropriate jurisdiction.

Location: Ivins, UT, USA

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