Estate Planning v. Elder Law: How Elder Law Planning Can Help You Achieve Your Goals as Well

On Behalf of | Feb 7, 2023 | Elder Law, Estate Planning |

Chances are you’re familiar with estate planning, if nothing else than in name. Perhaps you’re also familiar with the fact that estate planning can help you protect your assets, document your wishes, and secure your family’s legacy for years to come – even after you pass away.

But what about elder law?

Elder law planning is primarily concerned with helping seniors live healthy, financially secure, and long lives. This type of planning includes the consideration of future health care needs, including potentially long-term care.

Unfortunately, many seniors face financial ruin due to the high cost of long-term care. While some seniors are able to afford long-term care, the cost will inevitably wipe out the savings of all but the wealthiest families in a matter of years. That’s why planning ahead is critically important for most families.

In many cases, MassHealth planning strategies can be leveraged to help you achieve your unique goals. Together, with an experienced elder law attorney, you can evaluate all possible sources for paying for nursing home care, from self-pay to long-term caring insurance to qualifying for MassHealth.

Our firm stays apprised of every change in the MassHealth program and stands ready to help you and your family navigate the planning and application process. We take time to analyze your specific needs, develop your plan, and guide you through the process, all while maximizing your benefits and protecting your assets.

Whether you need help with an estate plan or elder law planning, our office is here to help. If you’re considering planning ahead to protect your interests or those of your loved ones, experienced attorney, Susana Lannik, of Lannik Law, LLC, is happy to speak with you about your unique situation and advise you on the options that are best for you. We look forward to working with you.