The United Methodist Men’s organization is will be sponsoring a program on Elder Law, presented by James Burnett. Below is a summary of the presentation to get you acquainted with this relatively new field of law.
- More and more in our society, the elderly and the disabled need long term and/or special need care. This care can be excellent, but it is also expensive. It is not uncommon for people to exhaust everything they worked to acquire and save; they can literally outlive their estates.
- I am a member and a graduate of the Elder Law College, the premier national organization of independent attorneys who specialize in helping the elderly, the disabled, and their loved ones plan for and address these problems so that they do not exhaust their estates. Many attorneys say they practice elder law; most of them use that term to mean estate planning, which focuses on handling a person’s estate after his or her death. This does not address the situation, and although estate planning is sometimes part of the service I provide, it is not the principal focus of what I do.
- At the meeting next Monday night, I will describe in more detail the legal and financial aspects of long term and special needs care, I will describe the sources that people can use to meet the cost of care, and I will describe how, working with my client, I will prepare and put in place a plan that will not only provide the resources but will prevent their estate from being depleted without taking possession or control of their estate away from them. I will describe in general how the process will work for someone (I say “in general” because the details of any person’s plan will vary depending on his or her needs and wishes), and I will explain how the time required to establish a workable plan and the cost of a plan are not great.
- Having a long term and/or special need care plan is an investment that will begin saving a person’s money almost as soon as we put it together. It will ease the emotional burdens of that person and his or her loved ones. I wish I had known about such plans when my parents were alive, and I am dedicated to trying to help others avoid the worries and concerns that they went through.
- I will bring hard copies of materials to the meeting.