McPherson, Rocamora, Nicholson & Nordgren, PLLC Durham, NC - Elder Law | AgingCare.com

McPherson, Rocamora, Nicholson & Nordgren, PLLC

3211 Shannon Rd., Ste. 620 Durham, NC 27707 (919) 493-0584

MRNN focuses its practice on trust and estate planning law and closely related areas including estate and trust administration, taxation law, charitable gift planning, long term care planning, elder law, special needs and disability law and business law.

TRUST AND ESTATE PLANNING - Our primary concern is designing a plan to ensure the client’s assets are distributed the way the client desires upon his or her death. A secondary concern is limiting any taxes payable upon the client’s death. Therefore, estate planning often involves consideration of estate taxes, generation-skipping transfer taxes, gift taxes, income taxes on retirement benefits and capital gains taxes. Estate Planning can sometimes involve more advanced tools such as life insurance trusts, family limited liability companies, grantor retained annuity trusts, qualified personal residence trusts, private foundations, and charitable remainder and charitable lead trusts. For those clients who have family-owned businesses, estate planning can involve how best to transfer the business to the next generation.

In addition, we help our clients plan for the management of their affairs if they become incapacitated through general powers of attorney, health care powers of attorney and advanced directives for a natural death (living wills). We also represent clients regarding court-appointed guardianship matters.

ELDER LAW AND LONG TERM CARE PLANNING - We assist seniors and their families in reviewing the options for their long-term care in the event they are unable to live independently. This may involve planning for home care, assisted living facilities, nursing homes and continuing care retirement communities. In addition, we help them determine how best to pay for their long term care given their income, assets, goals and desires for their estates upon their deaths.

This may include long-term care insurance and often involves an evaluation of what public benefits are available such as Medicare, Medicaid and veterans benefits. Whether seniors are planning for a future need or an immediate need for long term care, we assist them in reviewing their alternatives. We also provide assistance in completing applications for public benefits such as Medicaid.

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