Author: Maria B. Whealan, Esq. and Susan G. Parker, Esq.
Buy Book: Amazon
Whether you’ve experienced the decline of an old friend with health problems, worry about the loss of your own mental faculties or have children nagging you to get your affairs in order, you’ve entered the world of “elder” law. Just as new parents buy baby books, seniors need to be prepared for the legal and health care issues that come with aging.
This Real Life Legal™ guide has been written by two practicing elder law attorneys who know firsthand that the most important part of elder law is making decisions at a time when you still can. With this book, you’ll learn about the difference between a will and a living trust, or how you’ll pay for a nursing home if you need one.
Covering more than the basics, here you’ll learn why you may want to set up a trust to avoid probate, protect assets, or provide for a special needs child. You’ll learn how trusts can provide for your pet and/or lower your tax bill. We even make it easy to understand the health care puzzle of how Medicare, Medicaid, Medigap insurance and long-term-care health coverage can provide the coverage you need in your old age.
Want to know what it takes to plan for your future? We cover all that here. And make it easy to understand.
Real Life Legal™ wants you to be prepared.
Susan G. Parker is a tax attorney who specializes in estate, elder and business planning. She is licensed to practice law in New York and Florida.
Maria B. Whealan is an attorney working with elder law, estate planning and mediation. She is licensed to practice law in New York and New Jersey.
What This Book’s About
What Does “Elder Law” Mean?
Getting a Lawyer to Help
Legal Documents for Seniors
Wills and Trusts in Estate Planning
The Importance of Having a Will
What Is a Trust?
Trusts in Estate Planning
Revocable vs. Irrevocable Trusts
Estate Tax Planning
Signing Legal Documents
Why Plan Now?
Health Care: Advance Directives
What Is a Health Care Proxy?
Choosing Your Health Care Agent, Proxy or Surrogate
What a Health Care Directive Provides
Getting a Health Care Directive Form
Who Gets Copies of Health Care Directives?
Out-of-state Health Care Proxies
Medical Providers Refusal to Follow Your Instructions
Revoking a Health Care Proxy
If You Don’t Have an Advance Directive or Health Proxy
End-of-life Care Decisions
Differences Between Living Wills and Health Care Proxies
Powers of Attorneys (POAs)
General vs. Limited Power of Attorney
Durable Power of Attorney
A “Springing” POA
Choosing an Agent for Your POA
Common Questions About Powers of Attorney
Should a Lawyer Prepare a POA?
Who Should Get Copies of a POA?
Can a POA Be Used to Make Health Care Decisions?
How Do I Revoke a POA?
Health Care Planning for Seniors
Social Security, Medicare and Medicaid, Oh My!
Paying for Health Care
Complex Rules Apply to Medicare and Medicaid
Enrolling in Medicare
What Is Covered by Medicare?
Paying for Health Care Expenses Not Covered by Medicare
Medicare SELECT Policies vs. Medigap Policies
How You Qualify for a Medigap Policy
Medicaid Eligibility Requirements
Medicaid Look-Back Rule
Medicaid Payback Provisions
Medicaid Planning with Trusts
Long-term Health Care Insurance
When Does LTC Coverage Start?
LTC Policy Features
LTC Insurance Planning in Tandem with Medicaid
LTC Insurance Partnership Programs
Failing to Plan: Guardianship and Conservators
Guardians and Conservators
When Is a Guardianship Needed or Required?
Appointing a Guardian
Responsibilities of a Guardian
Benefits and Resources for Seniors
Online Resources for Seniors
About the Authors
About Real Life Legal™