We are often asked about the difference between estate planning and elder law. While there are important distinctions between them, they are more universal than they may seem at first glance.MORE
Throughout life, people work hard to ensure financial security for themselves and their families. We save for our dream homes, children’s education and retirement. Yet, regardless of how well one may plan, life oftentimes presents the unexpected. The elder law attorneys and staff at Beck Estate Planning & Elder Law Firm, help individuals and their families navigate the important, and sometimes tough, questions they must address in order to have a plan in place for their later years in life.
What if my father falls ill and needs immediate, full-time medical assistance?
As a Veteran, am I entitled to long-term care benefits?
Are there any long-term care benefits for the spouse of a Veteran?
Can my mother afford living in a nursing home for the next 15 years?
Who will make decisions on my behalf if I become incapacitated?
Having served the St. Charles, St. Louis and surrounding areas for nearly 45 years, Beck Estate Planning & Elder Law has the knowledge to help clients determine what options best fit their unique situation.
What is Elder Law?
Elder Law is for more than the elderly. An Elder Law attorney’s job is to increase the quality of life of their clients, not just figure out who-gets-what after they pass away. Experienced attorneys typically specialize in various matters and resources, such as:
- Public Benefits
- Veterans’ Benefits
- Social Security
- Special Needs Trusts
- Retirement Planning
- Asset Protection
- Wills and Trusts
At Beck Estate Planning & Elder Law, we know the state, federal and local rules governing these agencies and can help explain what options are available to you. We know the appropriate steps to take to secure benefits, how they work in conjunction with each other, and the impact benefits can have on personal finances. It is our goal to make sure our clients and their loved ones are able to receive the care they need and maintain the quality of life they deserve.
Elder Law Emergency Assistance
In addition to helping clients plan ahead, an Elder Law attorney can also help those in emergency situations. If a loved one suffers from an unexpected illness or injury, it may be necessary to make quick changes to determine how to pay for care. Long Term Care Insurance (LTC Insurance), Veterans Aid and Attendance Benefits, and Private Pay are just a few options. It might also be necessary to establish a Power of Attorney to make medical decisions if one is not already appointed. An experienced Elder Law attorney can work with you to ensure your loved one receives the best advice relating to quality care and how to pay for that care.
The Difference Between Estate Planning and Elder Law
When trying to find an Elder Law attorney, it is important to understand how Elder Law differs from traditional estate planning (death planning). A traditional estate plan is typically designed to do three things:
- Minimize estate taxes
- Avoid probate court
- Distribute assets from the deceased person to his or her heirs.
Elder Law is the area of law that helps people while they are living. While the name suggests the area of law is best suited for people in their later years in life, the services are oftentimes necessary for people in various situations.
When to Hire an Elder Law Attorney
It is best to seek an Elder Law attorney’s services before illness or incapacity becomes an issue. They can help draft legal documents detailing exactly how certain situations should be handled if you are not able to make decisions for yourself. That means you’ll be in control of the care and treatment you receive, regardless of your ability to assert what you want at a later point.
Based in St. Charles, Mo., the Beck Estate Planning & Elder Law attorneys and staff provide peace of mind to people on every point of the life spectrum. We’ve assisted more than 40,000 families. From people with disabilities to those facing the end of life, we promote planning now and for the future. Whatever issues concern you, our firm has a solution. Contact our office today to set up a free, no-obligation appointment with an attorney.