The Benefits of Continuing Care Retirement Communities

Author

Entrusted Legacy Law

Posted on

Jan 27, 2023

Book/Edition

Pennsylvania - Greater Pittsburgh Area

share-this
Share This

Many options are available for those planning where to live and receive care during their retirement years. 

Independent living communities are for healthy, active older adults. Assisted living facilities suit those who need help with activities of daily living, such as bathing, dressing, preparing meals, and medication management. Skilled nursing facilities provide care to individuals with significant medical conditions. 

Yet, as people age, the type and level of care they need often change. Older adults who start in one kind of community often must move to another facility that can support their evolving needs. Relocating can be stressful, as individuals leave their friends to start over in an unfamiliar environment, often while their autonomy and access to recreation diminishes. 

Continuing Care Retirement Communities Provide Consistent Care

Continuing care retirement communities (CCRCs) present a solution for people who wish to avoid the strain of moving and remain in one senior living community that meets their evolving needs. Also called life plan communities, these establishments typically offer independent living, assisted living, memory care, and skilled nursing in one centralized location. 

Residents can choose from different housing options, such as cottages, condos, and studio apartments. Far from appearing like institutions, CCRCs resemble neighborhoods. 

As elders’ needs change, such a community can provide progressively appropriate care. For instance, a resident may begin living unassisted before transitioning to receiving aid with activities of daily living or nursing care. A person who develops dementia can move into a memory unit within the grounds. 

Additional Benefits of Continuing Care 

As well as allowing residents to remain in a single, familiar community as their health and abilities change, CCRCs have many advantages compared with other residential senior living establishments. 

  • Live With Your Spouse — In CCRCs, individuals with different needs can live in the same community. So, spouses can remain together even if only one requires nursing care or help with activities of daily living. 
  • Remain in a Community — Elders can also stay connected with their friends in the community and enjoy a social environment. 
  • Maintenance and Meals — Residents don't have to worry about maintaining their homes, cooking, or cleaning.
  • Rely on Convenient Services — Similar to a small town, life plan communities provide commercial services like banks, beauty salons, barber shops, coffee shops, and shopping.
  • Access Health Care — Professional health services, such as physician and nursing care, physical therapy, dental services, nutrition counseling, and mental health assistance, are also available. 
  • Enjoy Other Amenities — Amenities, such as walking trails, swimming pools, and fitness centers, as well as game, craft, and music rooms, help residents stay active and engaged. 

Selecting a Life Plan Community 

With over 2,000 across the United States, many areas have continuing care retirement communities, SeniorLiving.org reports. Since these facilities typically resemble ordinary housing developments, people may not know there is a CCRC in their town. 

Choosing a life plan community near your family, friends, and hometown can maximize social support. Most people seeking continuing care options intend to remain there for the rest of their lives. In fact, this is continuing care’s primary advantage — so location is an essential consideration. 

In addition to location, AARP.org recommends assessing several other components before choosing a life plan community. It's a good idea to tour the CCRC before signing an agreement. Also, consider the following.

  • Review Housing Options  How are the floor plans? Are the common areas clean?
  • Investigate the Staff’s Credentials  Are they professional and friendly? What hours do they keep? 
  • Consider Available Services  Does the staff take care of laundry? What kind of commercial services does the development have? What type of transportation does the organization offer? 
  • Learn About Social Activities — Is there a schedule of activities with off-site trips? How are the exercise facilities? Are there fitness classes? What kind of entertainment does the place offer? 
  • Evaluate Meals  Examine recent menus. How many entrees do they offer? Can the facility accommodate dietary restrictions? 
  • Speak to Residents  How do they feel about the community? Do they think it's worth the cost? What do they think of the staff and services available? 

Affording Care in a Continuing Care Retirement Community

CCRCs require a one-time entry fee in addition to monthly payments. According to AARP.org, the price can range from $20,000 to more than $2 million, with an average of $402,000. 

Entry payments can be especially high for those who enter into extensive life-care contracts. Still, they receive assisted living, medical treatment, and skilled nursing care for little or no additional cost for the duration of their lives. They can avoid later costs by paying in advance for assisted living and nursing services. 

For many, life plan communities are worth the cost. Residents can have peace of mind knowing they will remain in a familiar location with consistent support should their health decline. While maintaining maximum independence, they can prepare for future mobility or health complications. 

Consult a Lawyer

Joining a CCRC requires signing a complex contract. Those exploring continuing care should consider working with an elder law attorney. An advocate can help them weigh the pros and cons of continuing care, determine payment options, and explain contracts before you sign them.

Other Articles You May Like

Protect Your Family's Future: A Step-by-Step Guide to Estate Planning

Estate planning is one of the most profound acts of love and responsibility you can offer your family. Our guide to estate planning helps you take the essential steps to protect your loved ones, secure your assets, and ensure your final wishes are honored. By creating a clear plan, youre providing your family with peace of mind, reducing stress, minimizing legal complications, and paving the way for a smoother transition during challenging times.Why Estate Planning Isnt Just for the WealthyContrary to popular belief, estate planning isnt limited to the ultra-wealthy. Whether you own a modest home or oversee a thriving business, having an estate plan in place guarantees your wishes will be carried out and that your family wont be caught up in avoidable legal complications.Key Takeaway: Regardless of net worth, every adult can benefit from having a will, advance directives, and guardianship provisions.Understanding Estate Planning BasicsWhat Is Estate Planning, and Why Does It Matter?Estate planning involves organizing your assets and making crucial decisions about how theyll be distributed after your passing. By clarifying who gets what, when they get it, and how they get it, you maintain control over your legacy and ensure your loved ones are cared for.Example: Suppose you become unexpectedly incapacitated. Without an estate plan, a judgerather than a person you trustcould decide who handles your finances or raises your children. The Hidden Consequences of Not Having a PlanFailing to put an estate plan in place can create significant challenges for your loved ones:Prolonged Probate: With no will or trust, your assets may be subject to probate, an often-time-consuming court process.Higher Taxes & Fees: Certain assets could be hit with additional taxes or fees, reducing what ultimately reaches your family.Family Disputes: Unclear intentions can lead to misunderstandings, conflicts, or even costly legal battles. Bottom Line: An estate plan spares your family avoidable stress during a time when they most need stability.The Core Components of an Estate PlanBuilding Your Foundation: Wills and Trusts ExplainedWills: What it does: A will specifies who inherits your assets, designates guardians for minor children, and addresses personal items.Limitations: Although its a foundational document, having a will alone does not bypass probate. Trusts: What it does: Trusts allow assets to transfer seamlessly to your beneficiaries without the delays of probate. They can offer privacy, control over asset distribution timelines, and potential tax benefits.Why it matters: The right trust can protect family members from creditors, preserve assets for future generations, and reduce legal complications. With guidance from Entrusted Legacy Law, you can determine which type of trustrevocable or irrevocablebest aligns with your goals. Guardianship for Your Loved Ones: Securing Your Childrens Future Choosing a guardian is one of the most crucial decisions parents can make. Why its important: Naming a trusted individual ensures a smooth transition if you become unable to care for your children, avoiding courts or social services stepping in.Kids Protection Planning: Entrusted Legacy Law offers specialized services to ensure your childs daily routine, schooling, and personal preferences are continued under the guidance of the person (or people) you trust most. Advance Directives: Making Your Wishes Known Advance directives, such as a living will and healthcare power of attorney, let you: Specify Medical Treatment: Outline the kind of care you do or do not want (e.g., life support, feeding tubes).Designate a Healthcare Agent: Appoint someone you trust to make medical decisions on your behalf if youre unable to communicate. Peace of Mind: These directives help loved ones avoid agonizing decisions and reduce the risk of family disagreements over care. Financial Control Even After Youre Gone A durable power of attorney (POA) allows you to designate someone to manage your finances if you become incapacitated: Bills & Debts: Your agent can make sure essential paymentslike mortgages, utilities, and credit cardsare handled.Asset Management: They can also oversee investments, run your business, or coordinate real estate transactions. Entrusted Legacy Law integrates this aspect into your broader estate plan so that every financial detail is covered. Step-by-Step Guide to Estate Planning 1. Assessing Your Assets: What Are You Leaving Behind? Start by creating a comprehensive list of everything you own: Real Estate: Home(s), land, rental properties.Vehicles & Equipment: Cars, boats, recreational vehicles.Financial Accounts: Checking, savings, brokerage, retirement.Personal & Digital Assets: Jewelry, artwork, social media accounts, cryptocurrencies, and domain names. Pro Tip: Entrusted Legacy Law provides detailed checklists, making it easier to track down and document each asset. 2. Naming Key Players: Choosing Executors, Trustees, and Beneficiaries Choosing who will manage your affairs is vital: Executor (or Personal Representative): Oversees your will, paying off debts, distributing assets, and working with the probate court.Trustee: Manages and distributes assets in a trust according to your instructions.Beneficiaries: The people (or charities) you want to receive your assets. Key Consideration: These roles come with responsibility, so appoint individuals who are trustworthy, organized, and willing to seek professional guidance when needed. 3. Think Ahead: Mapping Out Your Legacy Estate planning goes beyond simple asset distribution: Philanthropy: Consider leaving portions of your estate to charities or causes close to your heart.Legacy Letters: Some people write letters or record videos sharing life lessons and values, leaving an emotional or moral legacy. Holistic Approach: Entrusted Legacy Law can help integrate these intangible elements into your legal documents. 4. Review and Update: Estate Planning Is Never Set It and Forget It Life changesincluding births, marriages, divorces, financial windfalls, or relocationsshould prompt a review of your estate plan. Annual Check-Ins: Schedule a quick review with Entrusted Legacy Law to make minor tweaks if needed.Major Life Events: If you experience significant changes (e.g., selling a business, moving to a new state), plan an immediate update to keep everything aligned with your wishes. Common Mistakes & How to Avoid Them Procrastination: The Silent Threat to Family Security Waiting too long to create or update your plan is a major pitfall. None of us can predict the future, so plan now to ensure your loved ones wont be left unprotected or uncertain in a crisis. Overlooking Digital Assets in a Digital Age In todays world, emails, online banking, social media, and virtual currencies are all part of your estate. Make sure you: List All Accounts: Including login credentials, if appropriate.Provide Instructions: Specify who should manage or close accounts, and outline any memorialization requests for social media profiles. Failure to Communicate Your Plan to Family Members Lack of clarity can lead to suspicion or disputes: Open Conversations: While you dont need to reveal every detail, explaining the broad strokes can help avoid confusion.Appoint an Information Keeper: Consider designating a close relative or friend who understands the location of key documents and the roles people will play. Leveraging Professional Help Dont Go It Alone: Why You Need an Estate Planning Attorney Online forms cant replace personalized legal advice. Estate planning attorneys can: Draft documents in compliance with state-specific laws.Address your unique family dynamics (e.g., blended families or special needs).Protect you from inadvertent mistakes that could undo your planning. Entrusted Legacy Law offers customized plans designed to stand the test of timeand the scrutiny of courts if needed. Final Thoughts- Now Is the Time to Take the First Step Estate planning is not just about writing a will or naming a guardian; its about protecting your familys future. By starting now, you have more flexibility to structure a plan that truly reflects your wishes and values.Remember, estate planning is an ongoing process that evolves with your life. With Entrusted Legacy Law by your side, you dont have to face these decisions alone. We ensure that your plan is comprehensive, legally sound, and created to work when your family needs it most. Take control of your familys future today. Schedule a Free Consultation: Contact Entrusted Legacy Law to begin crafting a tailored estate plan or review your existing plan to ensure its up to date. To learn more contact, us today at 412-294-8125.

How to Fund a Revocable Living Trust

Protect Your LegacyA revocable living trust is a powerful tool in estate planning, allowing you to manage your assets during your lifetime and seamlessly transfer them to your beneficiaries when the time comes. However, creating a trust is only the first stepfunding it ensures it works as intended.At Entrusted Legacy Law, we understand that the process can feel overwhelming. But dont worry this guide will simplify the often-misunderstood steps of funding your trust, so you can effectively protect both your assets and your loved ones future.What Does Funding a Trust Actually Mean?Funding a trust might sound like a financial transaction, but its more about transferring ownership or titling your assets in the name of the trust.This ensures the trust, rather than you personally, legally owns your property and accounts.What Can and Cant Be Included?Can be included: Real estate, financial accounts, personal property (e.g., jewelry, artwork, collectibles), business interests, and other tangible or intangible assets.Cannot be included: Certain retirement accounts (such as IRAs or 401(k)s) are typically not retitled into your trust.Why It MattersBy funding your trust, you ensure your assets avoid probate, minimize delays, and are distributed exactly as you intendall while helping loved ones steer clear of the courts.Why Funding Your Trust Is Not OptionalFailing to fund your trust essentially renders it a hollow document. You might sign all the paperwork to establish your revocable living trust, but it wont serve its purpose unless your assets are transferred into it.Risks of Not Funding Your TrustProbate Concerns: Your assets may still go through probate, which can be time-consuming and costly.Family Conflicts: If your beneficiaries arent clearly named or your trust isnt properly funded, disputes among family members can arise.Unexpected Delays and Legal Fees: Your loved ones could be burdened with court proceedings and attorney costs. Real-life stories abound of families who discover, too late, that the trust wasnt fundedand thus offered no benefit. But with proper guidance, these pitfalls are entirely avoidable.Preparing for the Process: What Youll Need in HandBefore you begin funding your trust, gather all relevant paperwork and list out the assets youd like to include. Getting organized upfront can save you time, money, and headaches down the line.Documents and Asset ListsDeeds to any real estate properties.Bank and brokerage account statements.Titles for vehicles, boats, or other valuable items.An inventory of personal property, including art, jewelry, or collectibles.Business ownership documentation and any intellectual property registrations.Work closely with your estate planning attorney or financial advisor to ensure you have complete records and to avoid overlooking any important assets.How to Fund a Revocable Living TrustStep One: Transferring Real Estate to Your TrustReal estate often comprises the largest portion of a persons estate, making it a logical starting point when funding your trust.The Deed Transfer ProcessDraft a New Deed: Collaborate with an attorney to create a new deed listing your trust as the property owner.Record the Deed: File the new deed at the appropriate county recorders office.Notify Lenders: If you have a mortgage, inform your lender to confirm that transferring the property to a trust is permissible under the loan terms.Once recorded, the property is officially owned by your trust and will bypass probate, ensuring smoother transitions for your beneficiaries.Financial Accounts: Moving Money Without Missing a BeatTransferring your financial accounts into the trust is vital to keeping them out of probate and maintaining continuity if something happens to you.Steps for Transferring Financial AccountsContact Your Institution: Let your bank or brokerage know you want to retitle the account(s) in the name of your trust.Provide Documentation: You may need to present trust documents or a certificate of trust to confirm the trusts existence and structure.Keep Good Records: Maintain a detailed record of which accounts have been transferred, including account numbers and transfer dates.Quick Tip: Certain accountsparticularly retirement accountsmay have specialized rules. Always check with your financial institution or an advisor before making any changes Naming Your Trust as the Owner of Personal PropertyDont forget high-value items like artwork, jewelry, collectibles, or even vehicles. While smaller personal items might not require formal title transfers, anything of significant value should be carefully documented.Personal Property MemorandumMany estate planners recommend using a personal property memorandum for smaller belongings. This allows you to list personal items and designate who should inherit themwithout requiring a formal amendment to your trust. Talk with your attorney about whether this approach is right for you.Business Ownership: Transferring Your Entrepreneurial LegacyIf youre a business owner, properly transferring ownership ensures your company and its assets are protected, even if you become incapacitated or pass away.Steps for Business TransfersUpdate Ownership or Stock Certificates to reflect the trust as the owner.Address Tax Implications: Although Entrusted Legacy Law does not offer tax planning, consult with a qualified tax professional to minimize potential tax consequences.Dont Forget IP: Intellectual property, trademarks, and patents often hold significant valuemake sure these are included.By moving your business interests into the trust, youre helping secure the companys continuity and protecting your beneficiaries from legal or financial turmoil down the road.Debunking Myths About Retirement Accounts and TrustsMany people assume they should move IRAs or 401(k)s directly into their trust. However, most retirement accounts cant simply be retitled in the name of the trust without potential drawbacks or penalties.Best Practices for Retirement AccountsKeep Accounts in Your Name: Typically, youll retain the account in your own name.Consider Beneficiary Designations: Name your trust as a secondary beneficiary (often behind a spouse or primary beneficiary).Consult a Tax Professional: A CPA or tax advisor can guide you on any required minimum distributions (RMDs) and potential tax implications.Reviewing, Refining, and Updating Your Trust Over TimeYour estate plan is a living document that should adapt to major life changesmarriage, divorce, the birth of children or grandchildren, moving states, or a significant shift in assets. Scheduling regular reviews with Entrusted Legacy Law helps ensure everything remains current.Annual Reviews: Keep track of any new assets or changes in personal status.Life Events: Promptly update the trust after significant milestones to avoid unintended consequences.The Trust Funding Checklist: Recap and Final StepsWeve covered a lot of ground. Heres a quick summary of the essential tasks:Transfer Real Estate: Deed properties into the trust.Retitle Financial Accounts: Move checking, savings, and investment accounts under the trusts name where appropriate.Include Personal Property: Use a personal property memorandum for valuable items like artwork or jewelry.Update Business Ownership: Transfer stock certificates or LLC membership interests.Check Retirement Accounts: Name the trust as a contingent beneficiary if that fits your strategy.Schedule Reviews: Regularly revisit your plan to address changes in life circumstances.If you need help with any part of this process, were just a call away!Final Thoughts: Secure Peace of Mind for You and Your Loved OnesFunding your revocable living trust is the key to ensuring that your assets are truly protected and that your wishes are honored. By proactively retitling property, updating accounts, and staying vigilant about ongoing changes, you create a solid foundation for your loved ones security and well-being.At Entrusted Legacy Law, our goal is to help you take that vital next stepwithout confusion or unnecessary stress. Well guide you through the trust-funding process, ensuring every detail aligns with your goals.Your Legacy, Your WayReady to protect your assets and preserve your familys legacy? Schedule your consultation today. Let us create a plan that gives you and your family peace of mind for years to come. To learn more call, us today at 412-282-3625.

Kickstart Your Year: 5 Reasons to Update Your Estate Plan in 2025

Headlines are filled with cautionary tales about families who find themselves in drawn-out legal disputes when a loved ones outdated estate plan leaves critical details up in the air. The emotional and financial toll can be enormous, often hitting home just when relatives need support the most. If your own estate plan hasnt been refreshed recentlyor if you havent created one at allyou might be exposing your loved ones to these same risks. As we roll into 2025, now is the time to take a proactive step and ensure your legacy is protected.Updating (or creating) your estate plan at the start of the new year can offer peace of mind, ensuring your legacy reflects your current relationships, values, and goals. Below, we outline five compelling reasons why giving your estate plan some attention might be the most important resolution you make this year.1. New Life, New Rules: Adapt to Big ChangesLife never stands stilland your estate plan shouldnt either. Think about the major milestones you might have experienced in 2024. Did you:Celebrate a marriage or welcome a new family member?Experience a divorce or the loss of a loved one?Acquire a new home or start a business?All of these events require updates to your legal documents. For instance, if you remarried, you may need to change beneficiary designations on your life insurance policy or update your will so it accurately reflects your new family structure. If you welcomed a child into your family last year, youll want to establish or update a guardianship planEntrusted Legacy Laws unique Kids Protection Planning offers peace of mind, ensuring your children will always be cared for by the people you trust most.Helpful Tip:Create a milestone checklist. Review your estate plan any time a major life event occursbirth, marriage, death, divorce, or major financial change. This proactive step helps keep your plan aligned with your current wishes.2. Tax Laws Arent Timeless: Stay Ahead of the CurveAlthough Entrusted Legacy Law does not offer tax planning services, we strongly encourage clients to stay aware of evolving tax laws. Changes in federal or state legislationsuch as estate or inheritance tax thresholdscan significantly impact the administration of your estate. If you have questions or concerns about how these changes might affect you, consulting a qualified tax professional is essential.Coordinate with a CPA or tax advisor to learn about any adjustments you should consider.Stay informed about new legislation that could affect your estates value and distribution.Review your beneficiary designations with each relevant financial institution to ensure theyre up to date in light of any tax implications.Helpful Tip: Schedule an annual check-in with both your estate planning attorney (for legal updates) and your tax professional (for financial and tax-specific guidance). Together, they can help ensure your overall plan stays on track.3. Guardianships, Trusts & Wishes: Secure Your LegacyRemember, estate planning isnt just about moneyits about people, your values, and the legacy you leave behind. From naming the right guardians for your children to ensuring your trust beneficiaries are up to date, regular reviews of these key components are essential.Guardian ConsiderationsAre your chosen guardians still willing and able to care for your children?Does your plan name contingent (backup) guardians in case your primary choice cant serve? Trust BeneficiariesDo your current beneficiaries align with your relationship status?Have you considered adding or removing certain provisions (e.g., spendthrift clauses, special needs planning)? By scheduling a thorough review with our team, you can safeguard your childrens future, prevent unintended heirs from receiving assets, and ensure your personal wishes are honored. Helpful Tip:Communicate your wishes. While you dont need to share every detail, having open conversations with close family members reduces surprises and eases the administration of your estate later. 4. Digital Footprint Cleanup: New Year, New Tools In an age where so much of our daily life happens online, digital asset planning is more important than ever. From email and social media to cryptocurrency and online business accounts, these assets need clear instructions for access and management in the event of your incapacity or death. Why It Matters Prevent identity theft by specifying who can manage or shut down your accounts.Preserve important documents and memories stored on cloud drives or social platforms.Ensure continuity of online businesses or financial platforms that might hold monetary value. At Entrusted Legacy Law, we recommend secure password managers and estate planning apps that simplify organizing and tracking online accounts. These tools make it easy for your chosen executor or trustee to handle your digital assets seamlessly. Helpful Tip:Keep a list of your online accounts and update it annually. Many people forget about old social media profiles, subscription services, or digital wallets, which can become a burden for loved ones later. 5. Procrastination Is the Real Threat: Make 2025 Your Wake-Up Call No one likes to think about worst-case scenarios, but putting off or neglecting an estate plan can create tremendous difficulties for your family. Delays or outdated information can lead to: Extended probate proceedings in court.Unintended beneficiaries receiving assets.Costly and avoidable estate or inheritance taxes.Disputes among family members, especially during times of grief. Let the start of 2025 be the reminder you need to ensure your estate plan is up to date. By acting now, you not only protect your family and legacy, but you also gain the peace of mind that comes with knowing youve done everything possible to avoid unnecessary complications. Helpful Tip:Mark your calendar for an annual estate plan review. If you only do one legal check-in per year, make it this oneit can save immense time, money, and stress later. A Fresh Start for Peace of Mind As you welcome the new year, give yourself (and your loved ones) the gift of proactive planning. Estate planning isnt just about financial securityits about ensuring that your wishes are honored, your loved ones are cared for, and your legacy reflects what matters most to you. How Entrusted Legacy Law Can Help Update Your Estate Plan At Entrusted Legacy Law, we provide:Comprehensive Kids Protection Planning to keep your children safe if the unthinkable happens.Tailored Asset Protection Strategies to maximize your wealth and minimize tax liability.Flat-Fee Pricing & VIP Memberships so you always know exactly what youre getting and what it costsno surprises.Ongoing Support to keep your plan current as life evolves, including annual membership programs for continuous plan maintenance. We understand that estate planning is deeply personal, and our compassionate, client-centered approach ensures your plan fully aligns with your goals and values. Ready to Take the First Step? Dont wait for a life event or legal deadline to remind you of the importance of estate planning. Contact Entrusted Legacy Law today to schedule your virtual or in-person consultation and start your year with confidence. Together, well create or update a plan that meets your familys needs and keeps your legacy secureno matter what the future holds. To learn more call, us today at 412-294-8125.

Local Services By This Author

Entrusted Legacy Law

Elder Law 100 Pinewood Lane Suite #303, Warrendale, Pennsylvania, 15086

Our Firm Prepares You for Life What makes our firm different is that we were built with the needs of growing families in mind. We understand you are BUSY, you are growing, you are planning for a life of prosperity and you value ease, convenience and efficiency. You are raising children, and caring for elderly parents, while also working hard to build your own nest egg for a lifetime of support. You want to know youve made the best decisions for your family and that your plan will work when your loved ones need it most. You want to make sure your minor children would be raised by the people you choose, and never by anyone you wouldnt want, and that your teens and adult children are properly prepared to care for you and what you leave behind.  You want to feel confident that youve made the right choices, and handled everything so that you arent leaving behind a mess, when something happens. That is our focus as well. Weve developed unique systems to give you the same access to a Personal Family Lawyer as was previously only available to the super-wealthy, so you can have the guidance you need to build and maintain a life of prosperity and wealth. And, to keep your family out of court and out of conflict, which is the greatest risk to the people you love and all you have created, even if youve already worked with a traditional lawyer or created documents online. Our Team Is Here for You We encourage communication with our clients. In fact, weve thrown out the time clocks so you never have to be afraid to call with a quick question. Everything we do is billed on a flat-fee basis, agreed to in advance, so there are never any surprises. We have a whole team to serve you. When you call our office to ask your quick question, you wont have to wait hours or days for a phone call back. Youll get your question answered, right away. And, if you need to schedule a more in-depth legal or strategic call with your Personal Family Lawyer, a call will be scheduled when you're both available and ready for the call so we can make the very best use of your time and not waste your time by leaving voicemail after voicemail back and forth. And, we ensure the most important details of your planning are followed through on and your plan continues to work throughout your lifetime. We have a funding coordinator to ensure your assets are owned the right way throughout your lifetime and none of your assets will end up going through a long, expensive court process or being lost to the state because they were missed after your death. Weve created unique membership programs to keep your plan up to date year in and year out as well as give you access to our Trusted Team of Legal Experts for guidance on ANY legal or financial matter. One day you will need a lawyer. I dont know why and I dont know when, but when you do, you will be grateful you can call on us and well be here to advise you or get you out of a jam. We Help You Transfer Your Life and Legacy Lastly, we believe your financial wealth is only a small part of your overall Life and Legacy Planning which is made up of your far more valuable and most often lost upon incapacity or death intellectual, spiritual and human assets. These assets are what make you who you are, and sum up whats most important to you. And, a survey of inheritors has revealed that what they care about even more than inheriting your money, is inheriting these intangible assets.   Most estate plans only focus on the transfer of your financial wealth to the next generation. Most people have such great intentions of passing on the intangible, but very few ever get around to it. Its just not a priority, until its too late. How much do you know about your grandparents values? Their most prized personal possessions? How they felt about you? What they had learned during their lifetime? If you are like most people, you know very little. Thats why we build the capture and passage of these most valuable assets into every estate plan we create. Not only will we help you pass on your money, but also your values, your insights, your stories and your experience the truly valuable assets your loved ones care about the most.  Weve developed a tool that allows us to capture and pass on your whole family wealth, including your Intellectual, Spiritual and Human assets.  I cant go into all of the details here, but well definitely talk about it when you come in for your Life and Legacy Planning Session.

Entrusted Legacy Law

Special Needs Trusts 100 Pinewood Lane Suite #303, Warrendale, Pennsylvania, 15086

Comprehensive Special Needs Estate Planning & Special Needs Trusts in PennsylvaniaEstate planning for families with special needs children presents a unique set of financial, legal, and healthcare challenges that require the expertise of a special needs planning attorney. Not all estate planning lawyers understand the intricacies involved, but the experienced special needs estate planning attorneys at Entrusted Legacy Law are dedicated to ensuring your child with special needs is fully protected when you are no longer able to serve as their primary caregiver.We provide a full range of estate planning services tailored to families with special needs children in Pennsylvania. Our goal is to help you preserve assets for your childs future care while ensuring they remain eligible for essential government benefits like Medicaid and Supplemental Security Income (SSI). We assist in setting up special needs trusts (SNTs) to safeguard financial resources, appointing legal guardians and trustees, and identifying long-term care options to ensure your child receives the best possible support and housing solutions.Special Needs Trusts & Asset ProtectionOne of the most significant challenges in special needs financial planning is ensuring that your child has adequate resources without jeopardizing their eligibility for public assistance programs. Many families unknowingly risk disqualifying their child from essential benefits by leaving them a direct financial inheritance. Instead, the best strategy is to establish a special needs trust to provide financial security while preserving their access to Medicaid, SSI, and other government assistance programs.A properly structured special needs trust allows funds to be used for supplemental expensessuch as medical care, therapy, education, and personal carewithout affecting eligibility for disability benefits. However, the regulations governing these trusts are complex. Funds must be managed by a designated trustee and cannot be distributed directly to the beneficiary, as this could trigger disqualification from public benefits. Additionally, a child's needs evolve over time, making it critical to have a trust that can adapt to changing circumstances and legal requirements.By working with an experienced Pennsylvania special needs attorney, you can ensure that your childs special needs trust is legally sound, structured correctly, and customized to their specific requirements.Special Needs Planning for Families in PennsylvaniaAt Entrusted Legacy Law, we specialize in estate planning for children with disabilities, including Down syndrome, autism, cerebral palsy, and other developmental or intellectual disabilities. Our firm helps families create a comprehensive life care plan that provides financial security while safeguarding access to government benefits and essential support services.Whether you need help establishing a special needs trust, securing a legal guardian, or planning for long-term care and housing, our Pennsylvania special needs planning attorneys are here to guide you through every step of the process.Contact Entrusted Legacy Law today to start creating a sustainable, secure future for your child with special needs.

Entrusted Legacy Law

Estate Planning 100 Pinewood Lane Suite #303, Warrendale, Pennsylvania, 15086

Estate Planning for Everyone You Love and Everything You OwnHave you ever considered what would happenlegally and financiallyto you, your family, your assets, and everything you care about if the unexpected were to occur?If your estate plan is outdated or non-existent, your assets could be lost to the State Department of Unclaimed Property, subjected to an expensive and time-consuming probate process, or even end up in the wrong hands. Without a comprehensive estate plan, your loved ones may face unnecessary financial hardship, legal disputes, or court intervention at a time when they need certainty and protection the most.If you dont know exactly what would happen to everything you own and everyone you love, the first step is to gain clarity. You need to understand how your current estate plan (or lack thereof) will impact your family so you can make informed decisions about whether it truly aligns with your wishes.How Entrusted Legacy Law Helps You With Estate PlanningWe offer customized estate planning solutions designed to protect your family, preserve your wealth, and ensure your wishes are honored. Through our Life and Legacy Planning Session, we take the time to educate you on the legal, financial, and personal implications of your estate choices.Step 1: The Life and Legacy Inventory & AssessmentBefore your Life and Legacy Planning Session, you will complete a comprehensive estate inventory that outlines your financial assets, real estate holdings, retirement accounts, life insurance policies, and other valuable property. This step ensures that we have a full picture of your estate and can identify potential gaps in your asset protection strategy.Step 2: Creating a Personalized Estate PlanIf you decide that your current estate plan is inadequateor if you dont have one at allwe will work together to design a legally sound and strategically structured estate plan that meets your familys unique needs. The foundation of your estate plan will often include a revocable living trust, which allows you to transfer your assets into the trust while maintaining control during your lifetime.Benefits of a Revocable Living Trust: Avoid Probate Prevents the time-consuming and expensive court process that could otherwise delay asset distribution. Minimize Estate Taxes Helps reduce tax liabilities and protect your wealth for future generations. Ensure Privacy Unlike a will, which becomes public record, a trust ensures your estate remains private. Maintain Control Dictate how and when your assets are distributed to your heirs.For families with complex financial portfolios, business ownership, or special circumstances (such as blended families or special needs children), we offer advanced estate planning strategies tailored to your specific goals.Can You DIY Your Estate Plan?Many people wonder if they can create an estate plan using online templates or generic legal services. Unfortunately, most DIY estate plans fail when families need them the most. What often passes for "estate planning" is nothing more than basic document generation, where you answer a few questions and receive a generic template that may not fully protect your assets or your loved ones. No Personalization A generic template cannot address your unique family dynamics, financial situation, or specific legal concerns. Legal Loopholes Improperly structured wills or trusts may be contested in court, leaving your family in legal disputes. No Ongoing Maintenance Estate laws change, and without updates, your plan may become outdated and ineffective.At Entrusted Legacy Law, we dont just draft documentswe provide comprehensive estate planning services that ensure your estate plan actually works when it matters most. We take the time to understand your familys needs, educate you on your options, and create a legally enforceable, tax-efficient, and conflict-free estate plan that gives you peace of mind.Protecting Families & Minor Children Through Estate PlanningIf you are a parent with young children, your estate plan should begin with a solid foundation that ensures your children will always be taken care of, no matter what happens. Without the proper legal protections in place, your children could end up in the custody of someone you wouldnt have chosenor worse, under state guardianship.At Entrusted Legacy Law, we specialize in estate planning for families with minor children. We help parents:Name Legal Guardians Ensure your children are raised by trusted individuals of your choosing.Set Up Trusts for Minor Children Prevent financial mismanagement by appointing a responsible trustee to oversee assets.Establish Emergency Plans Provide clear instructions for immediate care in case of sudden incapacity or death.Whether youre planning for minor children, adult dependents, elderly parents, or a complex estate, we can guide you through the estate planning process with personalized strategies to protect your familys future.Secure Your Legacy With Entrusted Legacy LawEstate planning isnt just about who gets whatits about ensuring that your loved ones are financially secure, legally protected, and prepared for the future.If you want to create a comprehensive estate plan that reflects your wishes, avoids probate, minimizes taxes, and keeps your loved ones out of court and out of conflict, then now is the time to take action  Contact Entrusted Legacy Law today to schedule your Life and Legacy Planning Session and take the first step in protecting your family, your assets, and your future.