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Greevy & Associates is committed to helping seniors and their families as they face the need for long term care. From Estate Planning to the crisis of a nursing home admission, our staff can provide the support that gives peace of mind in dealing with the issues that arise with aging.
The practice of Elder Law encompasses traditional Estate Planning and Estate Administration, but also involves asset protection planning for long term care and the possibility for nursing home admission.
Nursing Home Planning and Asset Preservation
The financial impact of a nursing home admission can be every bit as devastating as a fire in your home. And though most people have fire insurance, very few plan for the possibility of long term care in a nursing home. Fortunately there are strategies available to preserve assets for the spouse at home and for the next generation. Though there are planning options available at the time of admission to a nursing home, there is much greater flexibility in planning sooner, rather than later.
Estate Planning
Traditional Estate Planning consists primarily of drafting the three essential documents: your Will, Power of Attorney, and a Living will or Advance Directive. These documents are the foundation of an estate plan, and should be carefully drafted to ensure that your wishes are carried out.
Estate Administration
Dealing with the passing of a loved one is difficult enough without the burden of worrying about administering an estate. Our office can help you during that difficult time, and relieve you of concerns such as probating a will, and promptly making the necessary filings for estate or inheritance taxes.
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