As parents age, it’s both an honor and a challenge to be there for them when needed. By preparing properly, you can work together to ensure their living arrangements, medical coverage, and personal wishes are accounted for. From their office in Dalton, Georgia, the elder law attorneys at Minor Bell & Neal have helped families care for their parents and elderly loved ones. Throughout the state and Southeast Tennessee, they’ve earned their reputation for creating comprehensive strategies that work for seniors and their families.
If you’re thinking about how to properly prepare and care for your aging parents, consider these aspects:
- Family Discussions: To get a full understanding of the situation, have open and honest discussions with your parents about their finances and plans. For example, will they have access to the medical care they need in the long-term? Savings, current insurance plans, and expected costs are important basics to know. It can be overwhelming for one individual to manage the entirety of the situation, so embrace a collaborative approach with family if possible.
- Making Arrangements: To understand the options available, it’s important to know the assets and resources of your parents. This can determine their access to insurance, medical services, and stability in general. As experienced wills and probates lawyers, Minor, Bell & Neal believe in creating comprehensive, long-term strategies with the families they work with.
- Estate Planning: Equally essential is ensuring that your parents’ posthumous wishes are properly fulfilled by creating a living will, trust, and thorough estate plan. The passing of loved ones—especially our parents—is a challenging and exhausting time, but not having a detailed plan for their assets and other wishes can make it even more stressful.
- Speak With An Elder Law Attorney: The nuances of finalizing arrangements and wills can become complex, but speaking with an elder law attorney can help ensure that nothing is left to chance and all aspects of your parents’ estate planning are accounted for. By taking this proactive measure, you’ll comfort both yourself and your parents by knowing you’re prepared for the future together.
For elder law attorneys who have the expertise necessary to help you build a comprehensive plan for your aging parents and loved ones, turn to the legal team at Minor Bell & Neal. Arrange for a consultation today by calling (706) 259-2586 and visit online to learn more about their experience with elder law, business law, and estate planning.