The podcast explores the nuances of elder law and estate planning, particularly for solo agers and those concerned about long-term care costs. Attorney Jennifer Rozelle clarifies the distinction between estate planning and elder law, emphasizing that elder law intentionally addresses issues related to aging, such as asset protection against long-term care and navigating guardianship. For solo agers, Rozelle advises considering friends, extended family, or professionals for roles like power of attorney and healthcare decision-makers, and highlights life care planning as a holistic approach. The discussion covers Medicaid planning, distinguishing it from Medicare, and explores the use of asset protection trusts, weighing ethical considerations and emphasizing the importance of consulting with an elder law attorney.
Sign in to continue reading, translating and more.
Continue
