Upload
catherine-hammond
View
421
Download
0
Embed Size (px)
DESCRIPTION
This presentation talks about the basics of elder law and why does it matter to every responsible adult, not just the elderly.
Citation preview
ELDER LAW BASICSWhat Is Elder Law and Why Does It
Matter?
A BROAD COLLECTION
OF ISSUES
What Is Elder Law?
The term “ELDER LAW” doesn’t refer to a single legal topic, but
instead is a categorical term that includes many topics related to
one another
These topics are those that elderly people most commonly encounter as they get older, though some of them also apply to younger people
ELDER LAW SPECIALISTS
What Is an Elder Law Attorney?
AN ELDER LAW ATTORNEY is someone who specializes in
dealing with the problems elderly people most commonly confront
Because elder law is such a broad topic, some attorneys are experts in certain areas of elder law, while
others specialize in completely different topics
NOT-SUITABLE FOR EVERY SITUATION
Discussing Your Needs
It’s important to realize that you don’t need an elder law lawyer if you are simply an elderly person
who has a legal issue
For example, if you are charged with a traffic offense, you need to
speak to a criminal defense attorney, not an elder law attorney
ELDER LAW TOPICS
Estate Planning
Preparing Your Estate
After you die you will leave behind property and other interests
THE ESTATE PLANNING PROCESS
is dedicated to determining what will happen to that property after
you die
Choosing inheritances, avoiding estate taxes, and other similar
issues are all included under the broad category of estate planning
Probate
Legal Procedures
Closely related to estate planning
is the PROBATE PROCESS
Colorado, as well as every other state, has a specific set of rules that apply when someone dies
leaving behind property
Understanding probate and taking steps to avoid it whenever
possible is a common goal for many elderly people
Advance Planning
Nursing Homes and Incapacity
We lose many of our abilities as we age, and planning for the time when you might need to transition
into her nursing home or need someone else to make medical
decisions for you is a key part of elder law
CHOICES AND PLANS
Individually Tailored Advice
Though elderly people face many of the same issues, NO TWO
SITUATIONS ARE IDENTICAL
Being prepared to confront the potential problems that could face you as you age is what elder law
attorneys help you do
LEARN MORE ABOUT ELDER LAW IN
COLORADO
www.coloradoestateplan.com719-520-1474