As we get older, our legal and financial needs change dramatically. Whether it’s planning for retirement, incapacity, or long term care, or determining how our estate will be distributed, the guidance of professionals trained and experienced in the practice of elder law is important to making sure our affairs are handled well. At Estate & Elder Law Services of Delaware, we specialize in elder law, including estate planning, long-term care planning, Medicaid planning and advising our clients on establishing trusts for the benefit of those they leave behind.
Planning for Now
Incapacity is one of the most overlooked issues for clients and their families. E&ELS counsels clients on the importance of designating who will make health care and financial decisions if they are unable to do so. For this purpose, E&ELS helps clients to prepare health care and financial powers of attorney that comply with applicable law and provide tools that will best help the client. Importantly, E&ELS understands the specific tools that need to be authorized in financial powers of attorney in order to preserve clients’ assets from the costs of long term care.
One of E&ELS’s greatest specialties is helping clients develop a plan to pay for long term care, including to preserve assets and financially qualify for Medicaid to pay for at-home care or in a facility. E&ELS believes in saving, not spending down, assets.
When dealing with government agencies and nursing homes, sometimes the process can be complex and confusing. Having E&ELS as an advocate can help elderly individuals and their families navigate many of these complexities… And in addition to providing the legal guidance that older clients specifically need, E&EL works to steer them in the right direction for other social needs, whether it’s where to find a new hearing aid or finding a nursing home that will accept Medicaid.
Working with Medicaid presents its own special challenges, and E&ELS is equipped to help maximize the benefits clients are able to receive through Delaware’s state-administered Medicaid program. This can allow recipients to spend more time at home with support from home care providers or to utilize Medicaid to pay for long term care.
Planning for the Future
A significant segment of Estate & Elder Law Services of Delaware’s practice focuses on how assets are distributed after a client’s death. In guiding clients through the process of planning for asset distribution, a member of the E&ELS team will consider what plans a client has made for if they are incapacitated and if they have a plan for the easy transfer of property and other assets upon their death. Because the nature and character of an individual’s property and family can differ, E&ELS can craft customized plans for specialized situations, whether it’s as broad as posthumously distributing assets or as specific as setting up a trust to benefit an heir with disabilities. E&ELS specializes in wills, living wills, trusts, powers of attorney and asset and home preservation in the face of unexpected medical expenses.
Big Firm Expertise
If you or a loved one requires legal or financial guidance regarding an estate planning or long-term care issue, Elder & Estate Law Services of Delaware is uniquely equipped to provide the best help in Delaware. To learn more about the services available from Elder & Estate Law Services of Delaware, visit eaels.com, email at info@eaels.com or call (302) 651-0113.
LOCATIONS:
The Red Clay Center at Little Falls
2961 Centreville Road, Suite 350
Wilmington, DE 19808
P: (302) 651-0113
28535 Dupont Blvd., Suite 2
Millsboro, DE 19966
P: (302) 651-0113
