Large aging populations worldwide continue to challenge world governments in providing for the ever increasing numbers. With advancements in medical practices over the last 100 years, the average age of both males and females has increased incredibly.
Elder Law is made up of three major categories which can be broken down further into deeper topics. If you need Reliable legal guidance to solve your issues, then you can hire an elder law attorney.
The three topics are:
Estate planning and administration, including tax questions
Medicaid, disability and long-term care issues
Guardianship, conservatorship and commitment matters
Estate Planning and Administration, Including Tax Questions
Estate planning is the main focus for this category. It does not matter whether you are a billionaire or not, once you pass away the process of knowing who gets what parts of your estate is not straightforward. Hiring an estate planner will assist with all the technicalities that go along with probate, including the dreaded tax situation.
Medicaid, Disability and Long-Term Care Issues
Elder Law came about due to the aging population. Naturally, as people grow older, the more medical related issues naturally occur. Medicaid is a state funded program to support people who are low-income earners.
Guardianship, Conservatorship and Commitment Matters
This category is fairly straightforward to understand. When one age, a disability or mental impairment may mean that one cannot act rationally. By court order, someone may be appointed as the guardian or conservator on behalf of the estate or also takes charge of day to day life for the conservative too.
All of the three terms above are interchangeable depending on what state the issue is related to. The most common form of disability requiring conservatorship is Alzheimer's.