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Have you adapted your law practice for an aging population? If so, how?

It stands to reason that elder law will provide new opportunities for lawyers. Yet elder law covers a wide range of practice specialties, which makes this emerging discipline hard to pin down.

In a recent ABA Journal story, Marc Davis notes how the legal practice has followed the demographic shift toward an aging population.

The National Elder Law Foundation identifies 12 elder law subject areas that encompass pension and insurance matters, financial and consumer fraud, fiduciary representation, health care planning, and trusts and estates. Five hundred lawyers hold the foundation’s Certified Elder Law Attorney credential, which involves meeting experience, CLE and peer review requirements, then passing a daylong exam.

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A Family Meeting as Part of Effective Estate Planning

Tammy Weber, CELA®

 

Effective estate planning takes time and evolves over the various seasons of life.  Often, a family meeting is one of the final steps in the estate planning process.  There seems to be a trend among baby boomers to want to make sure there is transparency and understanding regarding their decisions so that when they pass away, their wishes are known and family conflict is minimized, if not avoided altogether.  A family meeting is very helpful when there is an uneven distribution of assets (actual or perceived), a blended family, a beneficiary with substance abuse or gambling issues, or when there have been gifts that have been made during lifetime.

 

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How To Plan The Legal And Financial Needs Of A Loved One With Dementia

Christopher Berry, CELA®

Forbes Council Post

 

If you have a loved one who has been diagnosed with Alzheimer's or dementia, there are certain things that your family needs to plan for both legally as well as financially. Alzheimer's disease is the sixth leading cause of death in the United States as of 2018, and currently, there is no cure.

 

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Elder Law: New rules make changes to veterans’ needs-based government benefits

On Sept. 18, the Department of Veterans Affairs published new rules regarding needs-based, non-service related governmental benefits for veterans and their spouses. These benefits are commonly known as Aid and Attendance benefits. The new rules became effective Oct. 18. Aid...

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PLANNING AHEAD: What certification means in Elder Law

Recently, I had the opportunity to review my certification in Elder Law, a designation referred to as Certified Elder Law Attorney or CELA, and it occurred to me that many, probably most, people do not know what certification in...

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PLANNING AHEAD: Second marriages might complicate long term care

When illness strikes, you do not usually think of legal relationships. But when a spouse needs serious care and is married to a second wife or husband, family relationships can bring with them unexpected problems and conflicts — both...

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Elder Law Attorneys Offer Advice for Getting Older

STATE COLLEGE, Pa. (Sept. 14, 2018) – When it comes to elder law advice, there’s plenty of misinformation. As the president of the National Elder Law Foundation, Amos Goodall has made it his mission to get the public thinking...

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Issues from Ineffective or Contradictory Estate Plan

Elder Law Guys: A way to help ease the financial pain of caregiving

Here you are, a hard-working career person with kids and parents. Suddenly one or both of your parents become ill or injured. Now, you may find you are being put in the role of your parents’ caregiver. For our purposes,...

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Golden Rules for the Golden Years

According to the U.S. Census, there were 47.8 million people over the age of 65 in the United States in 2015, and it’s expected that this figure will grow to 98.2 million by 2060. Many dermatologists are familiar with...

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New Medicare Cards Are Due to Arrive in Pa. Next Month. Here’s What to Know About Them

In this time of identify theft and consumer scams, the Social Security administration has determined to issue new Medicare cards. In this time of identify theft and consumer scams, the Social Security administration has determined to issue new Medicare cards....

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Aging Well: Learn and Understand the Powers of Attorney

Of all the legal documents people sign during their lives, a power of attorney is arguably the most important. Of all the legal documents people sign during their lives, a power of attorney is arguably the most important. Yet many...

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What Makes Elder Law Attorneys Different from Other Attorneys?

Elder law attorneys are very different from other attorneys. They define their practice not by the type of legal problems they handle but by the type of persons they help. Elder law attorneys are very different from other attorneys. They...

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Mentorship in Law: How Collaboration Benefits Professional Women

"If you light a lamp for someone, it will also brighten your own path." - Buddhist Proverb Mentorships are mutually advantageous for both the mentee and mentor, particularly in a field as complex and demanding as law. Professional women have been...

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Estate Planning with IRA Trusts

Many folk have large retirement accounts.  According to the Investment Company Institute 2016 Yearbook, in 2015, members of 60% of US households had invested $24 trillion in retirement market assets, including IRA’s, 401k’s, 403b’s, Simple IRAs, and others.  This...

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The CELA Exam: No Harder than it Needs to Be

In order to obtain certification as an Elder Law at­torney from the National Elder Law Foundation,1 a candidate must achieve several goals. One most often discussed is the certifying examination. This six-hour exam has 300 possible points. In prior...

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