Greevy & Associates is committed to helping seniors and their families as they face the need for long term care. From Estate Planning to the crisis of a nursing home admission, our staff can provide the support that gives peace of mind in dealing with the issues that arise with aging.
The practice of Elder Law encompasses traditional Estate Planning and Estate Administration, but also involves asset protection planning for long term care and the possibility for nursing home admission.
Traditional Estate Planning consists primarily of drafting the three essential documents: your Will, Power of Attorney, and a Living will or Advance Directive. These documents are the foundation of an estate plan, and should be carefully drafted to ensure that your wishes are carried out.
Dealing with the passing of a loved one is difficult enough without the burden of worrying about administering an estate. Our office can help you during that difficult time, and relieve you of concerns such as probating a will, and promptly making the necessary filings for estate or inheritance taxes.
Estate Planning for Royalty Owners
In addition to the traditional estate planning issues, royalty owners are more likely to face federal estate taxes on their passing, depleting assets intended to pass to their heirs. Our office can help royalty owners protect their assets from estate taxes and ensure passage to the next generation. Frequently, a Family Limited Partnership, Limited Liability Company, or Trust is an effective and efficient way to achieve royalty owners’ wishes for passing assets to the next generation.