Myths and Misconceptions About Elder Law
By Barry Zimmer on March 20th, 2018 in Elder Law
Elder law attorneys can offer you help with a wide variety of different issues that you need to address in order to plan for your future. Zimmer Law Firm is here to advise you on setting goals, making effective use of legal tools to carry out your plans, and taking steps to protect yourself and your loved ones. Many people of all ages could benefit from the help and advice that elder law attorneys can provide, but unfortunately people often do not realize all of the ways that an elder law attorney can help them.
In fact, there are lots of myths and misconceptions about elder law that prevent people from getting the legal assistance they need to achieve more security for themselves and their families. To make sure you do not miss out on services that could benefit you and the people you care about, you should reach out to Zimmer Law Firm and find out more about what our elder law attorneys can do for you. You can also read on to find out the truth about common myths and misconceptions about elder law.
Myth: Elder Law Attorneys Only Help Seniors
Because of the name, elder law, many people think that only seniors need help from elder law attorneys. The reality is that this is not the case. People of all ages could face issues that elder law attorneys offer help with. For example, young people who are newly married and who are starting families should make plans to provide for their spouses and children in case something happens to them. An elder law attorney can provide assistance addressing these issues. Young people should also make plans for retirement early in life, including making use of IRAs, so they can save enough to have financial security as a senior. By reaching out to an attorney when you are still young, you’ll be able to more easily save to accomplish your financial goals.
Myth: You Can Wait to Talk with an Elder Law Attorney
Another common misconception is that you can wait until you get older and sicker to address some of the key issues elder law attorneys help with. Unfortunately, you never know when you will become sick, get hurt, or pass away — and if you don’t have plans in place before this happens, it could be too late for you to use tools to protect yourself and your family. There are many steps that you should take while you’re still of sound mind, including making an incapacity plan in case of a medical emergency. You also want to make a Medicaid plan long before you need medical care in a nursing home because Medicaid may be the only source of payment for nursing home services and you may be ineligible to get covered by means-tested Medicaid if you haven’t made advanced plans.
Myth: Elder Law Attorneys Only Help With Wills
Many people wait to talk with elder law attorneys because they think that lawyers in this field only help with creating a will or creating an estate plan. While elder law attorneys can help with the estate planning process, elder law attorneys also do much more. Elder law attorneys can help with business succession plans, with asset protection, and with retirement planning. Because you want to make plans for your company and your financial security when you are young, it makes sense to reach out to an elder law attorney early on to find out what types of services an attorney can offer to help you prepare for your future.
Getting Help from Elder Law Attorneys
Now you know the truth about what elder law attorneys do, so it should be clearer why it is so important for you to take action and talk with an elder law attorney. There are many services an attorney can provide to you that you may not even be aware you need, but if you don’t take action to put the right tools and plans in place, it could become too late for you and your family to take advantage of tools that could offer you important protections.
To learn more about the essential services that elder law attorneys can provide to you, join us for a free seminar. You can also give us a call at 513-721-1513 at any time to get personalized one-on-one help.