The field encompasses a range of legal practices focused on the unique needs of aging individuals. It addresses issues such as estate planning, long-term care planning, guardianship, and protection against elder abuse and exploitation. For instance, it can help structure trusts to manage assets and ensure eligibility for Medicaid to cover the costs of nursing home care.
This area of legal expertise offers significant benefits by safeguarding assets, ensuring proper healthcare decisions are made, and protecting vulnerable individuals from mistreatment. It provides peace of mind for both the elderly and their families. Its development reflects the growing aging population and the increasing complexity of related legal and financial matters.
