May is National Elder Law Month, which makes it the perfect time to talk about something many families put off until it is too late: planning for aging. Unfortunately, and no matter how hard we try to ignore it, we are all getting older. Elder law is about planning for the future—protecting your independence, your assets, and your ability to make choices, even if life brings the unexpected. Let’s break down what elder law really is and why it matters.
Life can change in an instant. One day, everything seems fine, and the next, you or a loved one may require long-term care due to an illness, accident, or sudden decline in health. When that happens, the cost of nursing home or in-home care can be overwhelming—often exceeding $100,000 per year. If you’re facing this situation and worried about how to pay for care without losing your life savings, Medicaid crisis planning can help.
As we navigate 2025 and prepare for 2026, significant changes in federal estate tax laws are on the horizon. Understanding these changes is essential.
Regardless of income, assets, or age, estate planning is essential for everyone. The fact is that life is unpredictable; by having a plan in place, you can ensure that your assets are distributed and protected based on your wishes, that you make things easier on your family after your death, and that your loved ones are cared for.
