Why is elder law particularly relevant at the present time? An unprecedented aging of the population is underway, and many people who are approaching their senior years have legal questions.
It would be wise to discuss your future with an elder law attorney if you are concerned about the eventualities of aging. There are a number of pressing elder law issues during our current era, and you should take steps to prepare yourself.
Long-Term Care Expenses
A government agency tells us that seven out of every 10 people who are reaching the age of 65 at the present time will someday need long-term care.
Living assistance is very expensive, with the average annual charge for a private room in a nursing home in Connecticut exceeding $100,000. The average length of stay is over two years, and 10 percent of seniors in nursing homes remain in the facilities for at least five years.
While most seniors will qualify for Medicare coverage, this health insurance program does not cover long-term care, so there is a big gap.
Elder law attorneys assist clients who want to prepare for long-term care costs.
Elder Financial Abuse
Elder financial abuse is another big issue with within the elder law community at the present time. Billions of dollars in losses are incurred annually, and this type of abuse is alarmingly common.
There are legal steps that you can take to protect yourself from elder financial abuse, and you could explore your options if you consult with an elder law attorney.
Planning ahead for possible incapacity is another matter to take into consideration. Alzheimer’s disease is rampant among the oldest segment of the population, and people with Alzheimer’s typically become unable to handle their own affairs.
Your elder law attorney can help you prepare for possible incapacity.
American Academy of Estate Planning Attorneys
If you are looking for an elder law attorney who is a member of a highly respected national organization, you have found one.
The American Academy of Estate Planning Attorneys has been educating elder law and estate planning attorneys for over two decades. We are members of the Academy, and we focus on elder law issues. If you would like to discuss the eventualities of aging with a licensed attorney, we would be glad to assist you.
Our firm offers free consultations to people here in our area. At the consultation we will answer all of your questions, become apprised of your objectives, and make the appropriate recommendations.
To set up an appointment, send us a message through this page and we will get back in touch with you ASAP: Hartford CT Elder Law Attorneys.