When and why should you call a certified elder law attorney? Basically, when the need arises for end-of-life estate issues among others.
What does it mean to be an elder law attorney? It does not necessarily mean representing an elderly person; what it does mean is representing elderly people in the process of aging.
There are many options in that scenario. There are in-home care options, there are facility options, and there are many various sources of potential funding to pay for those options.
What do you do if a spouse or parent goes into the nursing home out of the blue? No advance notice—you didn’t see it coming and all of a sudden you have a loved one in a skilled nursing home.
Do you need a revocable trust you can modify or change or an irrevocable trust you cannot modify and change?
You want to leave your business on your terms and achieve the outcomes you desire, which is why succession planning shouldn’t be delayed. A formal exit strategy ensures your wishes are followed, whether that be family transfer, sale, employee buyout or another path.