What Is Elder and Estate Law
Across Minnesota, families and caregivers of the 76 million Baby Boomers nearing retirement age are confronting a series of issues for the first time, including estate planning, financial exploitation, elder abuse, budgeting for long-term care and learning to navigate the Social Security and Medicare apparatus. Chmielewski Law Offices helps seniors and their families manage through these issues by listening to our client's goals, needs and complaints and effecting sound legal solutions to bring about resolution for them.
Many of us loathe the idea of planning for growing older, facing retirement and eventual death. Still, aging happens to all of us and planning ahead now for an uncertain future - whether it is drafting a will, arranging for long-term health care, or pre-empting disability decisions - can ensure that your family and loved ones are able to identify your intentions and respect your wishes. Advance planning for life events will allow the time to properly investigate all of the relevant options, which can result in sound decision making and finding the best match for your specific needs.
What Does Estate Planning Involve?
Estate planning involves more than the writing of a basic will or establishing a trust. A comprehensive estate planning process should also involve medical, financial, tax, and business planning to fully address your estate planning needs. Whether your estate is large or small, an intelligent estate plan can anticipate contingencies and define courses of action (under your guidance and in consideration of state and federal laws) to ensure that your family and financial goals are met after you die. Putting your financial affairs in order to avoid bequeathing a costly administrative nightmare involves many considerations, including:
- Formulating a cost-effective distribution of total asset value that minimizes tax implications.
- Designating the intended beneficiaries of your estate's assets and creating contingencies as to the time, payment method or gift amount.
- Authorizing others to make health and personal care decisions if you become incapacitated.
- Assigning a guardian who can care for minor children if you become unable to.
- Stating your wishes with respect to you remains.
- Durable Power of Attorney
- Medicaid/Medicare Grievances
- Nursing Home Issues
- Social Security and Veterans Benefits
Whether you are anticipating future needs or facing a current crisis, Chmielewski Law Offices can help to develop a strategy for providing financial stability, ensure maximum physical independence and ensure that medical decisions are controlled by those you trust.
Start or Revise Your Last Will and Testament Today!
For the help you need with the often complicated process of analyzing or accessing your estate planning and elder law legal options, Contact a Elder and Estate lawyer at Chmielewski Law Office. Call toll-free at 866-446-6529 to learn how we can help you. It's never too late to get help to ensure that your rights are protected.
