Seniors face a wide range of problems as they age. When their twilight years may bring ailing health or disability, many elderly Florida residents are unprepared for the financial pitfalls that lie ahead of them, leaving them unable to pay for services at a time when they need them most. Find out how planning for your future can help prevent a wealth of problems later in life.
Seniors are often unwilling to start their estate planning until the unthinkable happens—and by that time, many opportunities will have been lost. No matter whether you’ve just celebrated your fiftieth birthday or need to protect your spouse after a terminal diagnosis, attorney Walt Shurden can help you create an estate plan to minimize losses and retain access to Medicare and other benefits.
At Walt Shurden Elder Law, we can create and administer your trust using our combined practices of estate planning and elder law. We can also serve as your estate executor, preventing your belongings from becoming the subject of family disputes and repel challenges to your wishes—and unlike family members, we cannot exploit any conflicts of interest for our own financial gain.
It can be difficult to move into an assisted living facility, but trying to come up with the money for the costs of care is even harder. With Veterans’ Aid and Attendance planning, former service members and their spouses may be able to get hundreds of dollars in extra income every month, greatly easing the financial pressures of paying for long-term care.
An irrevocable trust can offer many benefits, including reducing the amount of estate tax, providing for minor family members, making sure special needs dependents get the care they deserve, and protecting your assets from creditors. Attorney Walt Shurden explains the basics on these kinds of trusts to help Florida families plan their estates.
Paying for a nursing home can often cause families to lose their savings, assets, and property. At Walt Shurden Elder Law, we help elderly Florida residents maintain their eligibility for Medicaid, allowing them to retain their wealth and assets while the government pays for their long-term medical care. No matter if you are a married couple, elderly single resident, or disabled senior, we can help you restructure your estate to qualify for Medicaid benefits.