• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

Parman & Easterday

Oklahoma Estate Planning Attorneys

Call Now: (405) 843-6100
(913) 385-9400

Attend a Webinar - OK Attend a Webinar - KS/MO
  • Home
  • Our Firm
    • About Our Firm
    • Attorney and Staff Profiles
    • What Our Clients Say
  • Estate Planning
    • Asset Protection
    • Estate and Gift Tax Figures
    • Estate Planning Services
    • Family-Owned Businesses & Farms
    • Financial Planning Assistance
    • IRA and Retirement Planning
    • Legacy Planning
    • LGBTQ Estate Planning
    • Pet Planning
    • Powers of Attorney
    • Probate
    • SECURE Act
    • Special Needs Planning
    • Trust Administration and Probate
    • Young Families
  • Elder Law
    • Coping With Alzheimer’s
    • Elder Law
    • Emergency Medicaid
    • Guardianship & Conservatorship
    • Hospice Care
    • Medicaid Planning
    • Veteran’s Benefits
  • Resources
    • Asset Protection Worksheet
    • DocuBank
    • Elder Law
      • Elder Law & Medicaid Definitions
      • Elder Law Reports
      • Elder Law Resources
        • Edmond Elder Law
        • Oklahoma City Elder Law
        • Overland Park Elder Law
        • Yukon Elder Law
      • Medicaid
      • Nursing Home Resources
    • Estate Planning
      • Estate Planning Checkup
      • Estate Planning Definitions
      • Estate Planning Reports
        • Advanced Estate Planning
        • Basic Estate Planning
        • Estate Planning for Niches
        • Trust Administration
      • Incapacity Planning Definitions
      • Is Your Estate Plan Outdated?
      • Top 10 Estate and Legacy Planning Techniques
    • Free Estate Planning Worksheet
    • Free Seminars
    • Frequently Asked Questions
      • Estate Planning
      • Elder Law
      • Frequently Asked Questions for Families Without an Estate Plan
      • Legacy Wealth Planning
      • LGBTQ Estate Planning
      • Probate
      • Trust Administration
      • Trust Administration & Probate
      • Wills and Trusts
    • Newsletters
    • Probate and Trust Administration
      • Bereavement Resources
      • How to Know if You Need Extra Help With Your Grieving
      • Loss of a Loved One
      • Probate Checklist
      • The Mourner’s Bill of Rights
      • Things You Need To Do When a Loved One Passes Away With a Trust
      • Things You Need To Do When a Loved One Passes Away With a Will
      • Trust Administration & Probate Definitions
    • Probate Resources
      • Leawood Probate
      • Midwest City Probate
      • Moore Probate
      • Oklahoma City Probate
      • Overland Park Probate
    • Published Books
    • Pre Consultation Form
  • Communities We Serve
    • Kansas
      • Johnson County
        • Fairway
        • Mission
        • Overland Park
        • Prairie Village
        • Shawnee
      • Wyandotte County
    • Oklahoma
      • Edmond
      • Midwest City
      • Moore
      • Norman
      • Oklahoma City
      • Yukon
  • Reviews
    • Our Reviews
    • Review Us
  • BLOG
  • Contact Us
Home » Nursing Homes » What Questions Should I Ask an Elder Law Attorney?

What Questions Should I Ask an Elder Law Attorney?

February 5, 2014 by Larry Parman, Attorney at Law

Elder law attorneys assist clients who are preparing for the eventualities of aging. Let’s look at three specific questions that you should ask your elder law attorney.

How Will I Pay for Long-Term Care?

The majority of elder Americans will need assistance with their day-to-day needs at some point in time. Residence in a nursing home or assisted living community is very expensive. In-home caregivers can be costly as well.

Medicare does not pay for assisted living expenses. As a result, many seniors ultimately rely on the Medicaid program to pay for long-term care. In fact, Medicaid pays for most of the long-term care that is received by seniors in the United States.

Because of the fact that Medicaid is a need-based program, you must keep your assets within certain limits if you want to qualify. This can involve measured divestitures. You have to take action well in advance of applying for the program, because you are penalized if you give away assets within five years of submitting your application.

You could also address long-term care costs through the purchase of long-term care insurance.

If I Become Incapacitated, Who Handles My Affairs?

You can decide who handles your affairs in the event of your incapacitation by executing a legally binding device called a durable power of attorney. With a durable power of attorney you name an agent or attorney-in-fact who can act on your behalf in the event of your incapacitation.

If you do not take steps to name your own hand-picked decision-maker, the state could be petitioned to appoint a guardian to manage your affairs. The court appointed guardian may not be someone that you would have chosen yourself.

You can make sure that a representative of your own choosing is in place by executing a durable power of attorney.

Should I Be Concerned About Elder Financial Abuse?

Elder financial abuse is a big problem in the United States today. Billions of dollars are lost annually due to instances of elder financial abuse.

Senior citizens often rely on others for help, and unfortunately family members and other people close to the victims are sometimes the perpetrators. In addition to this type of abuse, there are also countless different types of scam artists and con men out there always looking for an easy mark.

It is possible to take steps to minimize your exposure to elder financial abuse. This is something that you should definitely discuss with an elder law attorney.

Free Consultation

If you would like to prepare for the eventualities of aging we invite you to contact our firm to arrange for a free consultation. When you have the appropriate legal safeguards in place you can enjoy your golden years with peace of mind.

Blaine Peterson
Author, Attorney
Parman & Easterday

  • Author
  • Recent Posts
Larry Parman, Attorney at Law
Latest posts by Larry Parman, Attorney at Law (see all)
  • Is Long-Term Care Insurance a Good Investment? - March 2, 2021
  • Testamentary Trust vs. Living Trust: What’s the Difference? - February 25, 2021
  • What Is a HIPAA Release? - February 23, 2021

Filed Under: Nursing Homes, Pet Planning Tagged With: elder care, oklahoma special needs trusts, Postmortem Planning, susan g komen

Other Articles You May Find Useful

Oklahoma City nursing home planning attorney
How Do I Pick the Best Nursing Home for My Father?
Coronavirus and Nursing Homes
Overland Park medicaid planning attorney
Will You Have to Move to a Nursing Home?
Overland Park medicaid attorneys
3 Ways Medicaid Helps Protect Seniors
Oklahoma City nursing home
Oklahoma City Nursing Home Resident Dies after Altercation with Another Resident
Overland Park medicaid lawyers
What Can Go Wrong If You Don’t Work With Overland Park Medicaid Lawyers

Primary Sidebar

Parman & Easterday, LLP

DOWNLOAD OUR FREE ESTATE PLANNING CHECKLIST

There's a lot that goes into setting up a comprehensive estate plan, but with our FREE worksheet, you'll be one step closer to getting yourself and your family on the path to a secure and happy future.

Subscribe to Our Blog

Upcoming Seminars

    To be notified of our upcoming Seminars please fill out this form!
See all seminars

Follow Us

  • Facebook
  • LinkedIn
  • Twitter
  • YouTube

Where We Are

OKLAHOMA CITY, OK
13913 Quail Pointe Drive, Suite B
Oklahoma City, OK 73134
Phone: (405) 843-6100
Fax: (405) 917-7018
parman_sidbr_map

Where We Are

OVERLAND PARK, KS
10740 Nall Avenue, Suite 160
Overland Park, KS 66211
Phone: (913) 385-9400
Fax: (913) 385-9422
parman_sidbr1_map

Office Hours

Monday9:00 AM - 5:30 PM
Tuesday9:00 AM - 5:30 PM
Wednesday9:00 AM - 5:30 PM
Thursday9:00 AM - 5:30 PM
Friday9:00 AM - 5:30 PM

Footer

footer-logo

The information on this Oklahoma and Kansas Attorneys & Lawyers / Law Firm website is for general information purposes only. Nothing on this or associated pages, documents, comments, answers, emails, or other communications should be taken as legal advice for any individual case or situation. This information on this website is not intended to create, and receipt or viewing of this information does not constitute, an attorney-client relationship.

Privacy Policy | Contact Us | Disclaimer | Site Map | Powered by American Academy of Estate Planning Attorneys


© 2021 American Academy of Estate Planning Attorneys, Inc.
  • Facebook
  • LinkedIn
  • Twitter
  • YouTube