Elder law in New York state area of law that concerns elderly people. With seniors being the fastest-growing segment of the population, it is only logical that they have unique needs that need addressing. Elder law covers a wide range of issues including estate planning, medical planning, disability, retirement benefits and a lot more. Elder law is relatively new law put in place to help seniors who are targets of fraud, abuse and negligence.
The first thing an elderly person should do is make sure their estate is in tact. Hiring an estate lawyer is very a important step. When dealing with elder law, no ordinary firm will do. The offices of Raiser & Kenniff, PC, can help. They have a team of experienced lawyers who have handled multiple elder law matters.
While no one wants to dwell on the passing of a loved one, it is inevitable and cannot be avoided. When an elderly person dies without drafting a will, things can get chaotic. If there are a great deal of assets at stake, things can get much worse. Only a will can ensure your directives are carried out to the letter. Instead of mourning your memory, family members may squabbling over who gets what. The professionals of Raiser & Kenniff will deal with this sensitive situation in an ethical manner.
Even at the very minimum, a person should have a durable power of attorney in place. With this, you can appoint a person on your behalf to make decisions on your behalf in the event you become incapacitated. A person who is appointed power of attorney has the legal right to act on the person’s behalf. This means all business and even some legal matters.
Another important document is the Advanced Healthcare Directive. This paperwork will give instructions, including life-saving measures such as do not resuscitate orders. This health proxy will save your loved ones from having to make difficult decisions if you cannot speak for yourself. No one wants to be in the position of deciding whether or not to pull the plug if their loved one is incapacitated.
Regardless of the size of your estate, you should always have a will in place. An elder law lawyer can help you draft your will. Another great tool your lawyer can advise you on is a living trust. There is difference between a living trust and a will. When you pass away with a will in place, the will goes through the probate court. An individual will be appointed executor of your estate. After all debts are paid, the remaining assets will be divided accordingly among beneficiaries.
Unfortunately, the probate process can be long and costly. It can sometimes last for months. If you wish to bypass this process, a living will would be a much better option. Not only does the living will option save time and money, heirs will receive their money in weeks rather than months.
Elder law is a great way to preserve the rights and assets of older people. Far too often elderly people are abused, neglected and subject to fraudulent schemes.
An elder lawyer can guide you through the process. They can give you an overview of your options and help you choose the estate option that meets your immediate needs.
So whether you are looking for help with estate planning, conservatorship, retirement, disability or medical issues, a skilled attorney who practices elder law can assist. They can help you with getting all of your pertinent estate paperwork in order.
Call the offices of Raiser & Kenniff, PC, for a free consultation today.