Uploaded on Dec 31, 2018
Administering a decedent’s estate involves collecting and managing their assets, paying debts and distributing remaining assets to beneficiaries. Other legal options exist which may be far superior to a will.
Legal issues that most of the Caregivers witness
Legal issues that most
of the Caregivers
witness
About Elder Law Firm
The only Elder Law Firm in Wisconsin Affiliated with
a Life Care Planning Firm
Like a traditional estate and asset preservation
plan, Elder Law services include the legal
protection needed to safeguard assets, honor your
loved one’s wishes and provide for your family
members.
Our services help you clearly define how your
loved one’s long-term care, financial, physical and
psychological needs will be met.
Why adequate legal planning is
crucial
One that I’ll focus on today is that too often,
seniors are victims of financial abuse.
Unfortunately, people become more vulnerable
with age and many families fail to address the
necessary preparations until it is too late.
Issues with Power of Attorney
Designating someone to act as your
surrogate decision maker through a
Power of Attorney (POA) document,
especially for financial matters, is a crucial
part of planning for the future.
Seeking Guardianship
When an aging loved one hasn’t named a
power of attorney before becoming
incompetent or the person they chose has
been accused of mishandling their affairs,
lengthy and expensive guardianship
proceedings are usually necessary to
appoint a trustworthy person to take over
this responsibility.
Elder Abuse
There are many kinds of abuse that seniors
can fall victim to at the hands of strangers
and even more often family members or
“friends”. While those with Alzheimer’s
disease and other forms of dementia are
considered the most vulnerable, cognitively
sound individuals are also prone to being
defrauded and scammed.
Estate Administration Issues
Administering a decedent’s estate involves
collecting and managing their assets, paying
debts and distributing remaining assets to
beneficiaries. A will is a legal document that
spells out one’s wishes for their estate after
they’ve passed away, but many people either
do not write a will or fail to update it regularly
or make it accessible to family members who
need it.
Need Legal Protection
It is due to dementia or out of spite, elderly
loved ones and even other family members
sometimes accuse primary caregivers of
abuse. Even if their claims are unfounded,
the accused usually winds up in a heap of
legal trouble.
Elder law center of wisconsin
Address:
125 N. Executive Drive, Suite 210,
Brookfield, WI, 53005
Website:
https://www.elderlawcenterofwisconsin.com/
Phone: Toll Free: Fax:
(262) 812- (866) 865- (480) 969-
6262 3306 0079
Email:
[email protected]
Social Media Channels
https://www.facebook.com/elderlawwiscon
sin/
https://plus.google.com/+ElderLawCenterOfWisc
onsin
http://www.linkedin.com/in/ryanzenk
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