Elder Law in Mayfair, PA
Yorkway Law Serves Elderly Citizens in the Mayfair, PA
As you get older, it is important to think about how you will navigate difficult issues as they arise. While it may be challenging to think about how you want the end of your life to proceed, there are a lot of legal requirements involved, and you need to make sure that your wishes are communicated clearly if you want them to be carried out appropriately.
At Yorkway Law, we are proud to serve seniors and their family members in the Mayfair area, and we can help you think about these questions properly to ensure you anticipate all potential issues before they arise.
Last Wills for Mayfair Residents
One of the most important parts of estate planning is making sure that you have a last will and testament in place. This is an important document because it will specify exactly how you plan to distribute your assets after you pass away. We can help you write a will now, but we can also help you make changes to your will as life moves on.
In addition to a last will and testament, you may want to put together a living will as well. This document will let people know exactly what you want to happen if you are unable to make medical decisions for yourself. It is up to you to decide how much care you want the doctor to provide if you are incapacitated and unable to voice your wishes at the moment, and we can also help you make adjustments to your living will as you get older.
Powers of Attorney
If you are unable to make decisions for yourself, who do you want to make those decisions for you? We can help you specify different powers of attorney that can make various decisions on your behalf. For example, you may want to have a financial power of attorney who can make financial decisions if you are unable to do so, and you might want to have a medical power of attorney who can make medical decisions on your behalf. We can also help you decide whether you want a general power of attorney or a durable power of attorney.
You have worked hard to provide for your family, and you do not want all of those assets to go away as you get older. There are significant taxes and fees that you might incur, but we may be able to place some of those assets in a trust and protect those assets for beneficiaries down the road. There are different types of trusts available, and we can help you decide which one is right for your family and your family’s future.
Asset Protection Planning and Medicaid
While it is great that people are living longer than ever, you might also be concerned about how you are going to pay for the cost of a nursing home. You do not want those costs to eat into the inheritance that you will one day provide for your children, grandchildren, friends, and other loved ones. We can help you find the right long-term care insurance policy, and we can also assess your eligibility for Medicaid, which could help you cover the cost of a nursing home.
Do you think that appointing a guardian might be right for you? You do not want to lose control over your financial affairs, but you also need to figure out who the court should designate as your guardian if you are unable to make decisions for yourself. We can explain the different guardianship issues that might arise and ensure that you have plans in place to protect yourself and your family’s future.
Probate and Estate Administration
We can also help you with probate and estate administration. This is the process of validating your will and addressing issues related to the distribution of your assets. Learn more about how we can help you with this.
Our Attorneys Conveniently Serve Mayfair, PA and the Local Area
At Yorkway Law, our goal is to make the estate planning process as easy as possible for you. Give us a call today to schedule a consultation to learn more about how we can assist you.