Business law refers to the body of laws that govern the formation, operation, and dissolution of businesses. This includes issues such as contracts, employment law, intellectual property, taxation, and securities regulation, among others. Business lawyers advise clients on legal issues related to their business, and may represent them in court if disputes arise.
Estate planning involves the process of arranging for the transfer of one’s assets after their death. This includes creating a will, establishing trusts, and making other arrangements to ensure that assets are distributed according to the individual’s wishes. Estate planning also involves minimizing taxes and other expenses associated with the transfer of assets and may involve working with financial advisors and other professionals.
Elder law focuses on legal issues affecting older individuals and their families, including long-term care planning and elder abuse. Medicaid is a federal program that provides healthcare coverage for low-income individuals, including many older Americans. Elder law attorneys help clients with Medicaid planning, navigating complex rules and regulations to qualify for benefits.