NATIONAL ELDER LAW MONTH:

Written By Kevin McKernan

Although May is National Elder Law Month, making sure your planning is up to date is never over. 

  1. Estate Planning and Asset Protection: As baby boomers navigate their golden years, estate planning becomes paramount. Establishing wills, trusts, and powers of attorney enables individuals to safeguard their assets and determine the distribution of their estate upon incapacity or death. 

  2. Long-Term Care and Medicaid Planning: With the rising costs of long-term care, it is crucial for seniors to plan ahead. Medicaid, a government program that assists with medical costs, including nursing home care, can be a vital resource. Consulting with an elder law attorney can help seniors understand Medicaid planning options, protect their assets, and develop strategies to qualify for benefits while preserving their financial well-being.

  3. Guardianship and Conservatorship: When an elderly person becomes incapacitated and unable to make decisions independently, establishing guardianship or conservatorship may be necessary. Guardianship refers to legal authority granted to an individual (guardian) to make personal, medical, and financial decisions on behalf of the incapacitated person (ward). Conservatorship, on the other hand, typically involves the management of finances and assets. 

  4. Elder Abuse and Neglect

  5. Healthcare Decision-Making


This document is designed for general information only. The information presented in this document should not be construed to be formal legal or tax advice nor the formation of a lawyer/client relationship. 

For more information on this and other topics, please contact Kevin via any of the channels listed below: 📧 kevin@kmckernan.com | 📞 718-317-5007


Kevin McKernan
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