Evan H. Farr, a certified elder law attorney, explains elder law as the legal discipline addressing seniors' unique issues. His firm uses four planning levels: incapacity planning, estate planning, a Living Trust Plus for asset protection, and Medicaid planning to cover nursing-home costs.
Hi, I'm Evan Farr, Certified Elder Law Attorney, and today I'm here to answer the question, "What is elder law?" Elder law is the field of law that deals with specific legal issues faced by seniors. Here at the law firm of Evan H Farr, our practice of elder law centers around 4 primary levels of planning. Level 1 is our incapacity planning, done to avoid the disastrous legal and financial consequences that often accompany incapacity. Estate planning is Level 2. That's planning for the orderly distribution of your estate assets at death through wills, trusts, and other legal mechanisms. Level 3 is our proprietary Living Trust Plus asset protection trust designed primarily for older adults who are still living independently but desire to protect their assets from probate plus lawsuits plus the disastrous financial consequences of nursing home care. Level 4 planning is our benefits-focused asset protection, which provides comprehensive Medicaid asset protection and life care planning, including completion and filing of the Medicaid application and all documents and actions required to obtain Medicaid. In addition to the 4 levels of lifetime protection, protection planning at the law firm of Evan H Farr. Our elder law services also include special needs planning, guardianship and conservatorship, and trust and estate administration.
Webinar: How to Protect Your Assets From the Expenses of Probate and Long-Term Care
