Professional Services provide help with legal, financial, and end of life concerns to seniors and their families. The true importance of this area is the communication and resolution of issues that impact not only life, but death as well. Facing these issues while one is in good health and making a plan of action is so important for seniors and their families during the aging process.
Elder Law
Elder law companies are legal firms that devote all or part of their practice to
the legal rights and issues of seniors. Services can include power of attorney,
guardianship, conservatorship, estate planning, and wills. This topic also
includes companies that specialize in the preparation of Legal Documents. These
companies do not have law degrees but they can prepare legal documents.
Financial Services
Financial service firms devote all or part of their practice to assisting
seniors with their financial affairs. Services can include financial planning,
insurance claims, bank reconciliation, bill payment, income tax preparation, and
preparing medical insurance claims.
Funeral Preplanning
Funeral and pre-planning businesses specialize in providing traditional funeral
and cremation services. These companies may also provide advance directives and
pre-planning funeral arrangements.
Real Estate Services
Real estate services include Realtors specializing in serving the senior housing
and relocation market. They are familiar with the current real estate market and
can offer assistance to seniors wishing to downsize and move to senior-oriented
housing.
Long-Term Care Insurance
Long-term care insurance covers the financial risk of long-term care. This type
of insurance helps pay for assisted living, nursing homes, home health care, or
alternative care
Reverse Mortgages
Reverse mortgages are designed for adults 62 and over who own their own home and
wish to access their home’s equity while retaining ownership. These programs
are government insured and can provide tax-free cash on a monthly basis.
Computer and Internet Services
Computer and Internet related companies that provide computers, computer
training, and connections to the Internet. Some companies may have special
programs and discounts available to seniors.