Why Elder Law Matters - PowerPoint PPT Presentation

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Why Elder Law Matters

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A look at elder law in New York, the commonly asked questions and practical tips. – PowerPoint PPT presentation

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Title: Why Elder Law Matters


1
Elder Law in New York
Commonly Asked Questions and Practical Tips
2
What Is Elder Law?
3
One Area, Many Topics
4
Elder law is an umbrella term that covers all of
the legal issues that most commonly affect senior
citizens, retirees, and elderly people
5
Elder law attorneys specialize in dealing with
these types of issues, though they also counsel
younger people who encounter them as well
6
1
Estate Planning
7
PREPARING YOUR PROPERTY
8
Your estate is all the property and legal issues
you leave behind after you die
9
Estate planning, therefore, is what you do in
preparation of transferring your estate to others
after you die
10
2
Probate
11
Legal process
12
All states have probate laws that apply to the
property you leave behind
13
Probate can often be time-consuming, which is why
many elderly people create estate plans that try
to avoid it as much as possible
14
Probate courts (called Surrogates Courts in New
York) also play a role if someone becomes
incapacitated and needs someone else to govern
his or her affairs
15
3
Incapacity
16
PLANNING FOR THE POSSIBILITY
17
Elder law attorneys also help people prepare for
the possibility of one day losing the ability to
express their wishes or make their own choices

18
Incapacity planning is something that everyone
can do
19
It include specific tools such as powers of
attorney, trusts, and medical directives
20
4
Long-Term Care
21
TRANSITIONING INTO A NURSING HOME
22
Many elderly people will spend at least some time
in a nursing home during their lifetimes
23
Long-term care planning involves evaluating your
options and determining what payment methods you
can use to cover the expenses associated with
this increasingly expensive fact of life
24
5
End of Life Decisions
25
MEDICAL DIRECTIVES
26
We all might face the possibility of suffering
from a terminal condition or illness
27
If such a situation arises, you want medical
directives in place that ensure your medical
wishes are followed by your health care providers
28
These directives also let your family know
exactly what you want
29
Many Options
30
No Two Situations Are Identical
31
Elder law attorneys know how to craft plans that
address your individual concerns
32
Discussing your situation with an elder law
attorney is the only way you can be sure youre
prepared for the legal issues you might face in
the future
33
Contact the Law Office of Michael Robinson, PC at
(585) 374-5210 to schedule a FREE CONSULTATION
Click to visit www.mrobinsonlaw.com
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