Getting older is a fact of life that we all experience. However, the challenges of aging can be easier when you plan your journey with an experienced elder law attorney. in DeLand, FL. The Law Firm of Bryant & de Parry provides excellent legal advice for Medicaid planning, estate planning, and trusts. We have represented discerning clients with distinction throughout Volusia County, FL, including Daytona Beach, DeBary, Deltona, Lake Helen, and Orange City, FL, for more than 25 years.
Due to its high cost, less than eight million Americans have long-term care (LTC) health insurance, according to the American Association for Long-Term Care Insurance (AALTC). Since Medicare and private health insurance policies do not provide LTC coverage, an experienced elder law attorney can help you make the necessary plans to qualify for Medicaid coverage if you should need long-term care.
An estate planning attorney is an essential legal and financial advisor that assists clients in protecting their assets, minimizing taxes during their lifetime, and planning for the disposition of assets to beneficiaries upon death. This lifts the burden off the shoulders of family members who are often placed in the difficult decision of organizing the affairs of a loved one while grieving their loss.
There are two types of trusts in Florida: Revocable trusts or "living" and irrevocable trusts. Since both trusts have pros and cons, it is essential to consult with a qualified trust attorney who can help determine which trust will be best for your financial situation. Otherwise, there could be significant tax and legal consequences.
Our elder law attorneys are trusted and valuable financial and legal advisors for many DeLand, FL, families. If you have any questions about wills, trusts, Medicaid planning, estate planning, or other elder law issues, contact the Law Firm of Bryant & de Parry at (386) 736-1223 for a free initial consultation./em>