How Attorneys Concentrating In Elder Law In Chicago Can Protect Elderly Relatives
If you have loved ones who are getting older, it’s important to plan for a number of situations. An attorney who concentrates in elder law in Chicago can help with quite a few issues, including financial planning, guardianship and preventing financial elder abuse through a power of attorney. Taking the time to prepare for these situations can help protect your loved ones as they age.
Attorneys Specializing In Elder Law In Chicago Can Help With Financial Planning
Getting older is expensive, especially if long-term medical care is necessary. The cost of long-term care can be staggering and can quickly wipe out a family’s resources in just a few short years. To protect your assets, meet with an elder law attorney. He or she will know what’s necessary for you to quality for services like Medicaid, how to legally protect your assets whenever possible and keep your relative living in her own home if that’s what she would like to do.
A Lawyer With Experience In Elder Law In Chicago Can Help With Guardianship
It’s very likely that your elderly relative will become unable to care for him or herself at some point. If you’re worried about them harming themselves in an accident, or you’re concerned that they could be swindled out of their financial resources, it may be necessary to establish a guardianship. A lawyer with experience in elder law in Chicago will be able to draw up guardianship papers so that you can be the one responsible for financial, health and living decisions.
Establishing guardianship can be difficult, especially if multiple family members don’t agree on who should be the guardian or if it’s even necessary. You will also need the help of an attorney who concentrates in elder law in Chicago to help get the person declared legally incompetent, which can cause plenty of hurt feelings.
An Attorney Who Concentrates In Elder Law In Chicago Can Prevent Financial Abuse With A Power Of Attorney
Elder abuse is a major problem and it can include physical, mental and sexual abuse, neglect, abandonment and financial abuse. While the police should be contacted if you suspect elder abuse, an attorney who concentrates in elder law in Chicago can help protect seniors against financial abuse. If you’re concerned that a loved one is being swindled out of their money, or someone is taking advantage of them, contact a lawyer about drawing up a power of attorney. A power of attorney will give financial control to someone else, which can protect your loved one’s bank account.
If you have a loved one who seems to be losing money, is worried about affording long term care or you think they’re unable to care for themselves, it might be time to contact an attorney who concentrates in elder law in Chicago. The attorneys at Peck Ritchey are elder law experts and can help you or your loved ones throughout every step of the aging process.