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Elder
Law
The elder law practice of GANDERSON LAW, P.C. addresses many of the issues currently facing, and soon to face, older Americans. These issues include safeguarding assets, planning and financing long-term care, and Medicaid planning. Many older Americans are, or will be, confronted with the need for assisted living and/or long-term care. With health care costs at an all-time high and most older Americans living on fixed incomes, it is becoming increasingly important to anticipate future health care needs and begin to plan early. Many financing alternatives have emerged in response to the growing cost of health care needs in order to protect a healthy spouse from being forced to expend all of the couple’s shared resources for the care of one spouse, as well as to protect children from having to bear the expense of their parents’ care. Many of these alternatives are only effective if employed well in advance of needed care.
Elder law is a wide ranging field and the practice of elder law can vary as much as the needs of each individual client. The elder law practice of GANDERSON LAW, P.C. focuses on (i) educating its clients about the various types of care available and the relative costs of such care, (ii) analyzing each individual client's current resources, (iii) informing its clients of the various alternatives available to them to cover the costs of future care, and (iv) working with its clients to implement these alternatives. The clients of GANDERSON LAW, P.C. include both older individuals facing these issues directly, as well as younger individuals who face these issues indirectly when caring for their parents.
Elder law encompasses much more than traditional estate planning. It is of the utmost importance for individuals to familiarize themselves with different alternatives to (i) achieve their estate planning and asset protection goals, and (ii) consider the available options to effectuate planning for Medicare, Medicaid, and related matters, should circumstances warrant. With regard to the latter, individuals need to understand their individual rights concerning Medicare and Medicaid. Far too often, individuals delay planning and, as a result, valuable resources are later expended unnecessarily. GANDERSON LAW, P.C. recognizes the importance of remaining current in many disciplines in order to serve clients effectively. Attendance at seminars and educational conferences is necessary to stay abreast of current developments in this rapidly evolving field. GANDERSON LAW, P.C. prides itself on its ability to do effective elder law planning that is specifically tailored to each individual client. This highly-individualized approach permits the most advantageous planning possible in order to meet the desired goals for each client.
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