What Does Elder Law Include In Sarasota, Florida?
Elder law incorporates all end of life matters, like estate planning, probate, wills, trusts and Medicaid planning. As we begin to near the late stages of our lives, there is bound to come a time when it is necessary for us to speak with an elder care attorney in order to plan out what is going to happen regarding the future care of our children, spouse, pets, and assets upon our death or our incapacitation.
Probate is the process of going through a deceased person’s will and estate in a court of law, notifying their heirs, distributing all of their assets, and paying all of their debts. When a person dies, there are options available for avoiding the expenses of probate, if proper estate planning took place before their death. A Sarasota elder law attorney can guide you in using trusts and other tools to avoid probate and ease some of the turmoil that your loved ones will to be put through after you are gone.
As we approach the later stages of life, many individuals find themselves in need of long term nursing home care. The average cost of residing in a nursing home in Florida is about $8,000 per month. Many residents require the assistance of Mecaid coverage in order to be able to afford this type of long term care. Medicaid, however, puts forth very strict income and asset limitations that must be met in order to qualify for the program.
If you or your loved one has not taken the time to properly plan for when Medicaid coverage and nursing home care becomes necessary, they may not qualify for Medicaid coverage and find themselves having to lose most of their income and assets in order to qualify for care. This is not necessary. The elder care attorneys at Quinn & Associates in Sarasota, FL can help you set up your assets and income, in advance, in a way in which you will qualify for Medicaid while also saving as many of your assets and as much of your income as possible.
Why Would I Need An Elder Law Attorney?
Probate and elder law are two intersecting and very complicated areas of law with incredibly technical rules and regulations. In many Florida courthouses, it is not even permissible for an individual to attempt to probate an estate without the help of an elder law attorney, thanks to the amount of errors that are simply unavoidable for individuals without legal training.
If you find yourself in the distressing setting of facing a family member’s developing need for nursing home care and you can’t afford to spend thousands of dollars each and every month, you need help. The precise details of Medicaid planning, especially when the situation has become a true emergency, require an experienced Florida elder law attorney. The truth of the matter is that you are not likely to be taken seriously by a nursing home without a lawyer.
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