While many people look forward to their retirement years, aging can also bring serious physical, emotional, and financial challenges. From having sufficient retirement savings to protecting your assets to affording long-term care, it is crucial to plan ahead with the help of a compassionate, skilled Union County elder law attorney.
At E.A. Goodman Law, LLC we provide a wide range of estate planning and elder law services to clients in Union County and throughout New Jersey, including:
- Asset protection planning
- Healthcare planning with advanced medical directives
- Long-term planning
- Establishing special needs trusts, conservatorships, guardianships
- Obtaining public benefits (e.g. Medicaid, SSI)
- Selecting the right, skilled nursing or assisted living facility
When you consult with us, we will take the time to get to know you, learn about your life and help you plan for your future. Our attorneys are here to help you make informed decisions about your healthcare and finances so that you can enjoy your golden years. Contact our office today to speak with a capable Union County elder law attorney.
It’s Never Too Late For Union County Estate Planning
If you do not yet have an estate plan in place or need to update an existing one, working with our firm is a wise choice. Lead attorney Elga Goodman not only has special training in elder law but is also a compassionate person who will work closely with you to tailor an estate plan to your unique needs and objectives. Elga knows that no two estate plans are the same and elders have particular concerns about long-term care and asset protection.
Nonetheless, a well-conceived estate plan includes essential tools, such as:
- Last will and testament (Will)
- Durable power of attorney
- Advance directive for healthcare
- Revocable living trust
- Irrevocable living trust
- Living will
A will is the cornerstone of your estate plan because it declares how your property will be managed and distributed after your death. Given that a will must be probated, which can be time-consuming and costly, many clients choose to establish trusts to ensure an orderly, expedient, and private disposition of their estate. At the same time, it is crucial to create powers of attorney and healthcare proxies in order to appoint trusted individuals to manage your finances and healthcare if you become incapacitated. Our attorneys understand elder law from an estate planning perspective and will make sure that your interests and well-being are protected.
Union County Long-Term Care Planning Attorneys
Living longer allows us to spend more time with our loved ones, but also poses significant challenges, not the least of which is the high cost of health care. Many seniors experience financial difficulties that make it difficult for them to afford proper medical care. We believe that no one should be forced to choose between buying food and affording medicine and will work with you to anticipate and avoid financial shortfalls.
Our knowledgeable long-term care planning lawyers can help you explore all your options, such as obtaining long-term care insurance, offsetting your healthcare costs with Medicare, and qualifying for Medicaid and/or Social Security Disability benefits. Your specific situation will determine which option is best for you, private or public.
We are here to help you plan for all your future medical and financial needs. For example, it may be possible to establish an irrevocable trust that takes ownership of your assets and thereby allows you to qualify for Medicaid, which is a means-tested program.
Clients often come to E.A. Goodman Law with questions about guardianships and conservatorships. Both are court-ordered, legal protective arrangements, however, there are differences between the two. A guardianship can be established to protect an older adult who is disabled or incapacitated and not capable of making decisions about their own person or property.
By contrast, a conservatorship is typically sought by family members for a loved one who can no longer make their own decisions. This is a voluntary arrangement, however, because the protected person consents to allow the conservator to manage his or her assets. Our elder law attorneys regularly work with individuals and families to establish guardianships and conservatorships throughout Union County, and will help you make informed decisions about which protective arrangement is best for your situation.
Why Choose Us?
Given the unique challenges of aging, having the perspective of an experienced elder law attorney can be a big help. Once you become our client, we will provide you with knowledge, compassion, and dependable service. Though aging may be a difficult transition, we are committed to helping you maintain your independence. We have in-depth knowledge of the relevant trusts and estate laws and will work to help you achieve your objectives, protect your assets, and preserve your well-being.
Contact An Experienced Union County Elder Law Attorney Today
At E.A. Goodman Law we are here to help you navigate the challenges of aging. From asset protection to long-term care planning to wealth preservation, we are the experienced choice in elder law. Contact our office today to schedule your initial consultation.
The experienced attorneys at E.A. Goodman Law assist residents of Union County with their guardianship and conservatorship legal needs.