Elder Law & Medicaid
Do you need to create or update your Living Will? Are you worried about the current state of Medicaid? Bonahoom and Bonahoom can help navigate the confusing waters of Medicaid, and create a Living Will that suits you and your family, ensuring that they are not burdened with extreme taxes when you pass.
Elder Law shifts emphasis of focus on the assets to focus on the person, which is what the elder needs and how he or she wishes to live out his or her life. The evolution of elder law has created for the elderly a cadre of lawyers who are specifically suited to be the elder’s advocates. Now, the elder law attorney advises not only the traditional estate planning subjects of preserving assets for disposition to heirs after death and minimizing taxes and expenses to their heirs, but also he or she advises on ways to protect and preserve independence durring the life of spouses and disabled children.
Specifically, the elder law attorney advises not only on living wills, trusts durable powers of attorney, living wills and appointments of health care representatives, irrevocable life insurance trusts and other tax savings trusts, but also advises on Medicaid planning to avoid spousal impoverishment when one spouse enters the nursing home, Medicare claims and appeals, guardianships, nursing home issues including patient’s rights and nursing home liability, elder abuse and fraud recovery, age discrimination in employment, retirement benefits and many other issues which confront the elderly.
