We hear so much in the news about Social Security, Medicare and Medicaid and the differing opinions about what impact our increasing federal deficit will have on the stability of these programs – – the very programs upon which so many seniors rely.
Whatever your belief about the necessity of these programs in your life, it should cause you to pause and think about the fate of your independence and the independence of your loved ones as you grow older. Will you be financially secure and medically well in your senior years?
Granted this subject matter is hard to talk about. It is never going to win you friends at a cocktail party. But the challenges of aging will most likely impact your life in profound ways; yet, so many of us maintain a laissez-faire attitude about our future planning.
Have you ever put pen to paper and mapped out your wishes? Do you even know what issues to consider? Have you compared your wishes with those of your spouse? Have you talked to your children about your wishes? If you have parents, have you asked them about their wishes?
Aging is not simply an esoteric subject. If we are lucky, it will happen to all us and although talking is an important step, it is not enough. You need a plan of action to grow old successfully. Over the next year, it is my goal to assist my readers with that plan of action. Why leave your senior years to chance? Taking control and prolonging your independence can be achieved. But you cannot hide your head in the sand and you should not leave it up to your children to sort out. You have the power to age successfully if you plan now.
Here are the topics I plan to cover over the next 12 months. And I look forward to any suggestions or questions you may have. Just contact me via my law firm’s website at www.speierlaw.com.
1. Why you need an estate plan.
2. Get your documents in order.
3. Plan for a crisis.
4. The family meeting.
5. Get your house in order.
6. Who is on your team?
7. Housing options, including assisted living and retirement communities.
8. Reverse Mortgages.
9. Long term care insurance.
10. What is Medicaid and do I qualify?
Take control in 2012 and create a successful aging plan. Invite your spouse, your children, your parents, and friends to consider and talk about the issues that impact seniors. Communication and planning are the keys to aging successfully. I look forward to helping you navigate and I welcome your input.
Mary Jo Broussard-Speier, Esq.
The Speier Law Firm, LLC
11300 Rockville Pike, Suite 112
Rockville, Maryland. 20852
(301) 468-5657
mjbs@speierlaw.com
Thoughts on Elder Law and Estate and Trust Issues
We hear so much in the news about Social Security, Medicare and Medicaid and the differing opinions about what impact our increasing federal deficit will have on the stability of these programs – – the very programs upon which so many seniors rely.
Whatever your belief about the necessity of these programs in your life, it should cause you to pause and think about the fate of your independence and the independence of your loved ones as you grow older. Will you be financially secure and medically well in your senior years?
Granted this subject matter is hard to talk about. It is never going to win you friends at a cocktail party. But the challenges of aging will most likely impact your life in profound ways; yet, so many of us maintain a laissez-faire attitude about our future planning.
Have you ever put pen to paper and mapped out your wishes? Do you even know what issues to consider? Have you compared your wishes with those of your spouse? Have you talked to your children about your wishes? If you have parents, have you asked them about their wishes?
Aging is not simply an esoteric subject. If we are lucky, it will happen to all us and although talking is an important step, it is not enough. You need a plan of action to grow old successfully. Over the next year, it is my goal to assist my readers with that plan of action. Why leave your senior years to chance? Taking control and prolonging your independence can be achieved. But you cannot hide your head in the sand and you should not leave it up to your children to sort out. You have the power to age successfully if you plan now.
Here are the topics I plan to cover over the next 12 months. And I look forward to any suggestions or questions you may have. Just contact me via my law firm’s website at www.speierlaw.com.
1. Why you need an estate plan.
2. Get your documents in order.
3. Plan for a crisis.
4. The family meeting.
5. Get your house in order.
6. Who is on your team?
7. Housing options, including assisted living and retirement communities.
8. Reverse Mortgages.
9. Long term care insurance.
10. What is Medicaid and do I qualify?
Take control in 2012 and create a successful aging plan. Invite your spouse, your children, your parents, and friends to consider and talk about the issues that impact seniors. Communication and planning are the keys to aging successfully. I look forward to helping you navigate and I welcome your input.
Mary Jo Broussard-Speier, Esq.
The Speier Law Firm, LLC
11300 Rockville Pike, Suite 112
Rockville, Maryland. 20852
(301) 468-5657
mjbs@speierlaw.com
In The Blog