Spotlight on Elder Law: Attorney Matthew Fedor
Elder law practice has been growing out of necessity with people living longer and needing more aid. Recently, elder law attorney Matt Fedor sat down with Mark Imperial with Business Innovators Magazine to discuss common myths and misconceptions about elder law and estate planning.
One of the most common misconceptions is that "It can wait, I don't need to do that kind of planning just yet". Fedor explains that the earlier you can get these plans in place, the easier it will be to avoid crisis in the long run. Another common myth is that while having "just a will in place" is good, it is not the "end-all-be-all" solution and really only works if the person is deceased.
Fedor also discusses:
- The benefits of guardianships
- How people can start to implement these plans into action
- Difference between elder law and estate planning attorneys.