Dallas County Living Well Magazine Winter 2015 | Page 13

A Holiday Heart-to-Heart D By Lori Leu, Erin Peirce, and Lauren Olson uring the holiday season, we are reminded that the gifts we cherish the most don’t come wrapped in a box. Rather, it is the time we spend with loved ones that makes the greatest present of all. As you celebrate the holidays with friends and family, sit down with the seniors in your life to discuss their plans for the future. There is more to planning for the future than just an estate plan, and informing your loved ones about Elder Law topics will put them in control and give them peace of mind. After all, Elder Law is first and foremost about empowering seniors. Elder Law is not a new type of law, but it is a relatively new way to bring several areas of law together to benefit a particular group of people––older adults. Elder Law services enable you to make your own choices and decisions about managing life as you age. Everyone wants to have some control over the future, and Elder Law helps you do just that. The main areas of Elder Law include planning for your living arrangements, financial well-being, healthcare options, and ultimate disposition of assets. Helping seniors learn about these Elder Law issues may be the most valuable gift you give this year. Opening a conversation about aging and care can be overwhelming. Consider starting with these important topics: Housing – No one knows exactly what the future holds, but the key to feeling secure is to keep all of your options open. There are a wide range of living arrangements for seniors, from retirement communities to assisted living facilities to skilled nursing facilities. Some people want to stay in their own homes as long as possible and bring in outside help to make that possible. Others want the freedom from home maintenance that a senior residence community offers. Elder Law services can help you weigh all the options and make sure you have the right plans in place for the future. Finances – Money matters can be especially complex for seniors. It’s important to plan carefully and preserve your assets for when you need them most. Will your Social Security, pension, or other retirement fund be enough to pay all of your expenses? Will you be eligible for public benefits such as Medicaid or Veterans benefits? Have you designated individuals to act on your behalf in financial and legal matters through a proper Durable Power of Attorney so your finances can be protected if you