The Law Offices of Scott Alan Morrison, P.A.
Please Call For An Appointment

Power of attorney can save families a lot of stress

In a recent news article, a financial planner has disclosed some of the most vital items that senior citizens and their families need to consider when planning for the senior's care. One of the most important items, according to the planner, is the drafting and execution of a power of attorney. This grants authority to make certain decisions on behalf of someone when that individual is not capable of doing so, an important protection for most Maryland residents to consider.

In addition to the power of attorney, there are other concerns that also need to be planned for well in advance. Many of these decisions are constructed into a broader set of planning documents titled the elder care plan. By this plan, a financial road map is constructed as to how the senior will be able to pay for living expenses and potential long-term medical expenses that may arise as they continue to age.

A senior's income typically declines over time. This may be due to health issues that arise as they age. These health issues, in turn, may eliminate the senior's ability to provide supplemental income to their current retirement benefits. To better deal with these issues, it is best to set clear financial objectives to address all potential issues regarding income.

Maryland families have a lot of things to consider when determining how best to care for their aging family members. With a little assistance, this process does not need to be as complicated as it may initially appear to be. With legal options such as a power of attorney available to them, families can rest assured that there are remedies available to them to effectively plan for their loved one's care in a loving and supportive environment.

Source: The Smarter Investor, "Make Elder Care Part of Your Financial Plan," Scott Holsopple, July 23, 2012

No Comments

Leave a comment
Comment Information
  • Best Of The Best The Frederick News Post
  • Bar Association Of Frederick County, Maryland
  • NAELA National Academy Of Elder Law Attorneys, Inc.
  • Maryland State Bar Association Inc.
  • Washington County Bar Association , DC Bar
  • Law Offices of Scott Alan Morrison is a BBB Accredited Lawyer in Frederick, MD
Form Submit Button

Schedule Your Free Consultation Today

For more information and a free consultation with a Maryland estate planning attorney, call us at 301-694-6262 or fill out the form below. We provide clients with the estate services they need.

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

We have offices in Frederick and Maryland, to serve you.

Evening, weekend and off-site appointments are available upon request. Free parking is available at our Frederick office.

Our office will follow the same closing & delays as Frederick County Public Schools for both offices due to inclement weather.

The Law Offices of Scott Alan Morrison, P.A.
141 W Patrick Street
Suite 300
Frederick, MD 21701

Toll Free: 866-220-5185
Phone: 301-694-6262
Fax: 301-668-8884
Map & Directions
Frederick Law Office Map

Contact This Office Contact This Office