Life Care Planning in Alabama
A good life care plan takes a holistic elder law approach and helps families proactively manage chronic illness, disability, and the death of an elderly loved one. We go through life hoping everything will fall into place automatically. Then, life happens and we learn that the pieces don’t always come together. We find ourselves in situations that, in hindsight, could have been prevented.
Asset Management
Elders who are running out of assets to pay for their long-term care may have a source of additional funds they are not aware of — life insurance policy death benefits. Instead of allowing a life insurance policy to lapse or be surrendered due to an inability to pay premiums, the policy may be put to good use during the policy owner’s lifetime, allowing the elder to pay for care.
Elder Care Lawyer for a Life-care Plan
A life care plan can involve a wide range of legal services such as:
- Protecting the estate with a will or trust, powers of attorney, and health care directives
- Identifying funding sources for quality long-term care
- Determining eligibility and applying for public benefit eligibility
- Protecting assets to complement Medicaid benefit requirements
- Administer trusts
Let’s Create a Life Plan That Meets Your Family’s Needs
John Holliman or Melanie B. Holliman (formerly Melanie B. Bradford) create life care plans for the elderly that provide for needs before they arise. We think of the details, so the plan evolves smoothly and maintains the desired quality of life.
Call us today at 205-663-0281 to schedule a consultation.