Elder Law Planning
Gain Peace Of Mind Today By Making Plans For Tomorrow
Are you a member of the “Greatest Generation” or the Baby Boom? Do you think that you have time and planning can be put off until later, betting that a crisis won’t occur? What is the downside if you are wrong?
The later in life planning process allows you to create a playbook for those who will look after
you and your financial matters. Planning can help you:
• Maintain your dignity and autonomy for as long as possible
• Increase the chance that your wishes for your care will be honored
• Reduce or avoid family conflict
• Understand options for financing long-term care
• Protect family assets for a nursing home resident’s at-home spouse or children
• Obtain benefits available through the Veterans Administration and state agencies, possibly even if you have been told they are not available to you.
Planning takes teamwork and solutions must be based on individuals’ particular circumstances. Attorneys Carole Spainhour and Matthew Allen at Elder Law Carolina spend the time to get it right, bringing to light and giving advice on issues that most clients have never considered.
What can happen without a plan? Here are some of the risks:
• Family upheaval and financial burdens often accompany a medical crisis or death. Delay, expense and acrimony may result.
• If you need care for a lengthy period, life savings may be drained, your spouse left insecure and your family overwhelmed by the burden of caregiving.
• If you can’t manage your affairs, you may be subject to a court guardianship proceeding. The result is loss of autonomy, invasion of privacy and expense.
• Exploitation of competent but vulnerable elders by financial predators (who may be caretakers, family members or scammers) can happen in any family, regardless of means or education.
• At death, without proper planning, property often becomes tangled up in court administration adding unnecessary difficulty and expense.
Elder Law Carolina can be your guide through the Later in Life Years. Attorneys Carole Spainhour and Matthew Allen provide a wealth of expertise, experience and compassion in helping families deal with the complexities. Carole is principal of Elder Law Carolina and limits her practice to Elder Law and Estate Planning. Based on peer reviews and client feedback, Carole has been ranked since 2008 in the “Best Lawyers in America” in the field of Elder Law.
Call Elder Law Carolina at (828) 255-1966 to set up a consultation.
Visit www.ElderLawCarolina.com to learn more about how the firm can help you make plans for your life and your legacy.