Elder Law Attorney

Created/changed by: ElderAttorney

Address details

502 park Avenue New York, NY 10023

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Coordinates

N40° 45' 47.59632" W73° 58' 12.93672"   (40.7632212, -73.9702602) Start navigation »

Phone & WWW

212-547-8971
http://www.morganlegalny.com/

Business hours

24h

Info

To ensure all goes well later in life, there are several important reasons to retain the services of an elder law attorney. For example, if you are concerned about your current long-term care plan, or have yet to construct a plan, an elder law attorney can advise you on the various options. In addition to this, an attorney can also help lay out a plan to make sure your wishes are carried out if you become disabled or incapacitated later on, and helps you decide who will be in charge of your care if you are unable to care for yourself.

When a person has to move into a nursing home, they are required to divest themselves of their assets in order to pay for their care. However, by placing their assets into an Irrevocable Trust, the assets can be protected from high nursing home bills. However, it’s important to remember that this type of transfer must be done at least five years before a person goes into a nursing home.

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