Making Sense of Complicated Elder Law Issues

Elder Law includes all of the elements of traditional estate planning — and then some. Estate planning focuses on counseling clients about the transfer of assets from spouse to spouse and/or from one generation to the next. The primary objective is to balance the reduction or elimination taxes with the need for flexibility. Elder law focuses on counseling clients about how to preserve their assets for as long as possible so they can live out their years comfortably and with dignity. All elder law plans include estate planning, but not all estate plans deal with elder law. Although some of the documents may be the same or similar, the differences can be significant.

Elder Law includes a consideration of:

  • Social Security
  • Medicare and Medicaid
  • Medical planning
  • Supplemental insurance benefits
  • Retirement planning
  • Assisted living and nursing homes
  • Long Term Care Insurance
  • Reverse mortgages
  • Disability planning
  • Grandchildren
  • Veterans' Benefits
  • A variety of other unique issues that face Senior Citizens later in life

My senior and super-senior citizen clients are almost always concerned with three seemingly incompatible objectives: (1) How to pay for nursing home care if they are unable to continue living at home. (2) How to preserve their hard-earned savings so that if one spouse must enter a nursing home, the spouse who remains in the community is left with enough assets and income to live comfortably. (3) Almost invariably, a desire to leave a legacy to their children and grandchildren.

At the law offices of Michael C. Rudolph, Esq., P.A., in Kinnelon and Oakland, New Jersey, I know how complicated these issues can be. I was actively involved in the lives of my father, mother and mother-in-law, all of whom lived well into their 90s. I have a keen insight into the importance of having a solid plan in place and being proactive rather than reactive. I advise my clients about the issues of concern to them. Sometimes, as with financial planning and insurance, I consult with my client's financial planner, accountant or insurance producer. If my clients need a referral to one or more of these professionals, I have developed a network of individuals in whom I have confidence, and I can put them in touch with each other.

Preparing For The Future

Some people find the concept of elder law issues so confusing and intimidating that they choose the "ostrich approach" and stick their heads in the sand, hoping the problems will just go away. I understand that. When a client comes to me, whether it is with a simple question, or a complex problem, I can give advice on a wide variety of subjects, and will build a customized plan geared for sound long-term care and asset estate protection.

I put my recommendations in writing so that you will always have a document to refer to whenever you have a question. And you can always call me with questions. My practice includes complete Medicaid and estate planning services. I don't stop being your lawyer after you sign the documents I prepare for you. I have been an attorney for over 50 years and have helped thousands of clients over the years. Some of my clients date back to the 1960's and early 1970's. Many of them consider me to be their friend as well as their lawyer. I also know that no two cases are exactly alike. I will take the time to learn your goals and develop a strategy specifically designed to meet your needs.

Schedule An Appointment Today

Contact my office today to schedule an initial consultation. I have conveniently located offices in Kinnelon and Oakland. I am available during regular business hours or by appointment. Both of my offices are handicap accessible.

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