Herndon Law, P.C.
Elder Law and Long Term Care Planning
Preserve and protect yours or your loved ones' assets through Medicaid eligibility, veteran benefits, and help with assisted living. Often times, when a family member has been diagnosed with a serious illness or has a noticeable trouble with their daily tasks, the time comes to discuss protecting their new way of life - and their value. Long term care planning is the preservation and protection of you or a loved one's assets. Although older clients commonly discuss these plans, we strongly urge young people to plan for their future, too.
- Medicaid Eligibility Planning
- Care Plan Agreements
- Veterans Benefits
- Assisted Living Planning
Estate Planning
Without proper estate planning, your family and worldly possessions may not be taken care of the way you had imagined. Giving your survivors legal direction for how to distribute your assets and fulfill your final wishes ensures the process is cost-effective, fast, and easy on your loved ones. Together, we will work with you to ensure a well-designed estate plan that will be effectively executed and administered.
Common estate planning documents:
- Advanced Medical Directive (AMD): communicates your wishes regarding end-of-life care.
- General Durable Power of Attorney (POA): designates an individual to manage your financial affairs.
- Last Will and Testament: nominates individuals to execute your estate in court (probate), and directs your personal property and other assets to specific people or organizations.
- Revocable Trust: secures your assets in a trust during your lifetime, and assigns a trustee to transfer your assets upon your death. It also keeps your life private, avoiding the public and timely probate process.
- Special Needs Trust: created specifically for the benefit of those with physical and/or mental disabilities, including those with mental disabilities who are unable to manage their own finances.
Consider this...
Without an estate plan, you leave your loved ones with the possibility of legal, financial and/or family conflict. The security of your life’s accumulated assets, financial welfare of your family, and guardianship of your children may all be at risk without a proper estate plan .
Guardianship and Conservatorship for an aging loved one
An aging loved one such as a parent, spouse, friend or family member may be struggling with dementia, Alzheimer's, or some other age-related condition that hinders their everyday life and makes it difficult for them to perform daily tasks. We will prepare all the necessary paperwork required to petition the court for guardianship and/or conservatorship of your loved one.
