Smithtown elder law attorneys can provide help addressing issues that can impact your future. The services provided by an elder law attorney are not only important to senior citizens, despite the fact that this legal field is called elder law. Everyone who wishes to plan for the future and ensure their family is provided for can benefit from getting legal help from an elder law professional.
Mark S. Eghrari & Associates, PLLC offers a full array of elder law services. We can customize the assistance we provide to ensure your needs are met and we will work closely with you to identify the legal tools that you can use to support your goals. You should give us a call to find out about how our elder law attorneys can help you. You can also read on to learn about some of the important services that elder law attorneys offer.
Elder Law Attorneys Help You Plan for Retirement
Elder law attorneys can help you set retirement savings goals and can assist you in making use of the right types of savings accounts in order to achieve those goals. Many people benefit from investing in Individual Retirement Arrangements (IRAs) so they can take advantage of tax breaks associated with retirement savings. Depending upon your income and whether you or your spouse has access to a retirement plan at work, you could potentially invest up to $5,500 (or $6,500 if you’re over 50) in an IRA account that provides tax advantages. Mark S. Eghrari & Associates, PLLC can help you to determine if you’re eligible to invest in an IRA and can assist you in choosing whether a traditional or Roth IRA is right for you.
Elder Law Attorneys Help You Protect Assets
Elder law attorneys assist with asset protection. We help you to identify threats to your wealth, such as the high costs of nursing home care if you get sick, and we assist you in taking steps to minimize the potential risk of loss. There are many different asset protection tools that you can use, including trusts, and we help you to determine the best ways to keep your wealth safe from loss. We also help you to implement your plan and create the right legal documents to ensure your asset protection efforts are successful.
Elder Law Attorneys Help Young Families Ensure Children are Provided for
If you have young children, you should talk with elder law attorneys. An experienced attorney can help you to make sure you have a plan in place to provide support for your kids if something happens to you. Your lawyer can also help you name a guardian so you have someone you trust to take over the care of your child if you become unable to raise your child to adulthood. You don’t want the court to decide these important issues for you so it’s essential that you work with an attorney to make a plan.
Elder Law Attorneys Help You Plan for Incapacity and End-of-Life Issues
What would happen to you and your family today if you got sick, could not manage your assets, or could not make decisions on your own behalf? Families often find themselves in difficult situations because people don’t prepare in advance in case of a serious medical issue. Your family could be forced to struggle to try to figure out what kinds of medical care you’d want and there could be a dispute over your care that ends up in court. Your loved ones may also have to go to court to get a guardian or conservator named so that someone can manage your assets and make decisions on your behalf. If you make an incapacity plan, you and your family won’t have to worry about these issues because you’ll have tools like advanced directives and a power of attorney in place in case of incapacity.
Elder Law Attorneys Help You Plan Your Legacy
Finally, elder law attorneys assist you in taking steps to ensure you take control over who inherits after you are gone. We can help you use the right legal tools to make a comprehensive legacy plan so your family is provided for in the way you see fit.
Contact Smithtown Elder Law Attorneys Today for Help
Smithtown elder law attorneys at Mark S. Eghrari & Associates, PLLC can provide personalized one-on-one advice about these issues and many other issues related to planning for your future. When you want to ensure you have made the most effective use of legal tools that will protect your assets, autonomy, and family, we can help. To find out more about the services that we provide, join us for a free seminar. You can also give us a call at (631) 265-0599 or contact us online at any time.