Seniors have unique legal needs best served by an attorney with extensive knowledge and experience in the field of elder law. Elder law includes a variety of serious issues to seniors, including estate planning, Medicaid planning, guardianship, and estate administration and litigation. Our attorneys can assist with any of these elder law matters.
Since 1925, Central Texans have selected Dunnam & Dunnam for their most important matters. We have the skills, experience, and service to get your job done right.
Planning for a nursing home in Waco Texas
Our Waco elder law lawyers have extensive experience in long-term care planning, Medicaid planning, estate planning, and asset protection. Dunnam & Dunnam lawyers dedicate their practice to helping seniors and the people who love them manage the changes that come with growing old.
Paying for long term care in Waco Texas
One of the main goals of elder law is to help seniors find ways to pay for expensive long-term care.
- Nearly three out of every four people over the age of 65 will require long-term care at some point in their lives.
- The median cost of nursing home care in Texas for a private room was more than $50,000. In some circumstances, nursing home care costs considerably more.
- Many families exhaust their life savings within a year or two of a family member entering a nursing home.
Our elder law firm designs a plan to protect your assets in the event you or a loved one requires long-term care. Also, we can help you overcome what is known as a Medicaid planning crisis.
Need a lawyer to prepare for long term care in Waco Texas
Elder law is complicated, so having an elder law attorney who stays on top of the constantly evolving federal and state regulations is essential. Our elder law attorneys help seniors, and their families preserve independence, family assets, and avoid spousal hardship. Protecting your values, family, and life savings are at the core of what our Waco elder law attorneys do.
Running out of money for nursing home
People are often worried about running out of money and how to pay for the expense of nursing home care. We provide solutions and help you have peace of mind. Our initial meeting is free of charge, so contact us today at 254-753-6437 to discuss your spouse or parents.
Saving assets and Medicaid benefits
When it comes to long-term care, preparation saves your family assets while qualifying for the Medicaid benefits that most families rely on for nursing home care. Dunnam & Dunnam elder law attorneys create asset protection strategies to meet your family’s unique needs. We start by helping you identify crucial parts of the elder law situation, including your health, finances, and objectives. Typical concerns for families are how to balance their retirement plans and leaving money for their heirs. Careful planning can help you avoid the Medicaid “look-back” period for the transfer of assets to family members. We will consider strategies such as spousal refusal, disinheritance, or a gift-back program as we design an asset protection strategy tailored to your family’s needs.
Elder Law Attorney in Waco Texas
If you need a Elder Law law firm or Elder Law attorney in Waco, Texas, or Central Texas, Dunnam and Dunnam and its attorneys are here to help you.
Elder Law concerns the legal rights and duties of the elderly, including the legal remedies available where the elderly suffer wrongful death, personal injury, or property damage or loss.
Elder Law is involved in the preparation and review of legal documents, the resolution of legal disputes by negotiation, mediation, arbitration, or litigation, and the furnishing of other legal advice and services, all concerning matters such as those involving:
- Last will and trust
- Non-Testamentary transfers involving:
- Living trusts
- Qualified retirement plans
- Life insurance beneficiary designations
- Right of survivorship agreements
- Pay-on-death agreements
- Trust account agreements
- Durable general powers of attorneys
- Medical powers of attorneys
- HIPPA authorization for the release of confidential medical information
- Directive to physicians, commonly known as living wills
- Directive for disposition of bodily remains
- Declarations of guardianship
- Medicare issues
- Medicaid issues
- Miller trusts
- Special need trusts
- Creditor protection issues
- Retirement issues
- Nursing home injuries
- Will contests
- Estate litigation
- Trust litigation
- Other Estate Planning – Probate Law related issues
The following attorneys at Dunnam and Dunnam engage in the practice of Elder Law:
Vance Dunnam, Jr.
Vance has been licensed by the State Bar of Texas since 1977 and has practiced law in Waco, Texas since 1978.
Read MoreContact a Waco elder law attorney at 254-753-6437 for a free consultation.
