Call us today:
501-525-4401

farrar and williams attorneys in hot springs arkansas specializing in elder law and estate planning

ELDER LAW

Elder Law in Hot Springs, Arkansas

Elder Law is a specialized area of law that involves representing, counseling and assisting seniors and their families with a variety of legal issues, with a focus on quality of life and integrity of practice. This includes areas such as planning for incapacity and long-term care, estate planning, Medicaid planning, health and long-term care insurance, and healthcare decision-making. Our elder law firm can also provide special needs or other types of trusts, home care and nursing home problem-solving and fiduciary services or representation.

The elder law attorneys at Farrar & Williams, PLLC help individuals and families in multiple areas, including: preservation and transfer of assets, disability planning, living wills, powers of attorney, probate and probate avoidance, Medicaid applications, estate planning (including simple wills and living trusts), and nursing home planning.

Staff at Farrar and Williams, PLLC in Hot Springs, AR

Planning for the cost of long term care is an important issue that many people need to consider when setting up their estate plan. In the event long term care insurance is not an option, a person should consider other estate planning tools, such as a Medicaid Asset Protection Trust, that will enhance their ability to obtain government benefits, while at the same time offering some level of protection for their support and maintenance in the future.

For people who have an immediate need, there are other options available such as a gift plan to protect some assets for single persons requiring nursing home care. This type of planning is very specialized and should only be implemented with the help of an experienced elder law attorney.   

Share by: