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Estate Planning
Reverse Mortgages
 
Concerns of Senior Citizens
 

One thing is for sure. We all get older. At least, we hope we do. With age comes special legal problems for senior citizens. Managing one's estate becomes more important to us. How can I save on taxes? How can I keep the nursing home from getting everything I worked for all my life? Who will take care of my affairs if I become incapacitated and can't do things for myself? Do I have an updated will? These are some of the questions the senior citizen must ask.

There are solutions to these problems.

Proper estate planning can stabilize assets, income and reduce taxes.

An up to date power of attorney is important in the case of incapacity. A living will and healthcare power of attorney can relieve concerns about future medical treatments and needs.

Advanced medicaid planning will address the expenses of long-term institutional care.

For home-owners, A reverse mortgage may be the answer to stabilize and supplement income.

DuffyNorth has been helping senior citizens and their families with these complicated elder law problems for years.

 

The technical name for a "Living Will" is "Advance Health Care Directive".
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None of us like to admit that there may come a time when we need someone to handle our affairs because we may be incapacitated.
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Time marches on and sooner or later some of the elderly may be forced to enter a nursing home to receive proper care and attention.
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The Reverse Mortgage uses your house as collateral just as is the case with a conventional mortgage
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