If you're looking forward to having a healthy and thriving life into your older years, you need to make sure you've planned accordingly. That latter part of your life may require extra help. With the professional aid of elder care lawyers, you can put things in motion to protect yourself as you age. Here are a few reasons why elder care attorneys are important.

Financial Planning

As you grow old, you want to be comfortable and have money to show for your hard work. But as a senior, you must be extra cautious of scammers, as seniors can often be a target. Financial abuse is common, particularly among elderly people. A lawyer can help you plan and manage your money so you're not taken advantage of.

Estate Planning

Keeping your ongoing finances in order is a major part of your estate planning. In addition to money, you should consider your real estate, stock investments, and other valuables such as art and jewelry that you want to pass on to your heirs. Elder care lawyers will help you formulate the best estate planning documents and structure for your needs, whether it's a will or a living trust.

Guardianship

Even the most healthy and fit senior may one day need extra help to get around or manage day-to-day care. It's best to have elder care lawyers create a document that details who will oversee your guardianship when this happens. List a trusted family member, spouse, or friend that you can trust to oversee your home, financial needs, and medical care.

Medicaid Planning

According to the Administration of Community Living, Congress passed the Older Americans Act (OAA) in 1965, which promotes the well-being of people over 65 by providing services and programs tailored to their specific needs. One such program is Medicaid. Medicaid helps seniors get the right medical and dental care they need. There are several different types of Medicaid. There are also local and state programs seniors should look into, as there may be additional services to help ease your transition into your older years.

Your senior years should be another prime period. Those twilight years should involve relaxation, playing golf, going on cruises with friends, or just enjoying the comfort of your home. Avoid having unnecessary stress during this time by enlisting the right elder care lawyers to look out for you. Call Mark G Aberasturi, Attorney at Law PC for a consultation.