Elder law is a highly specialized and increasingly important area of the law. It is, first and foremost, about empowering seniors by offering services that enable them to make their own decisions about managing life as they age. It encompasses a wide range of practice areas, including Medicaid planning, estate planning, asset protection, Veterans Benefits and more.
Our goal, with respect to Elder Law, is to help seniors protect their assets against the high cost of long-term care, remain independent for as long as possible, and enjoy the peace of mind that comes from knowing there is a plan in place for the future. We can help you plan in advance or to obtain assistance from Medicaid in a crisis situation.
The main areas that Elder Law affects include your living arrangements, your financial well-being, your healthcare options, and your ultimate disposition of assets.
There are a wide range of living arrangements for seniors, from retirement communities to assisted living facilities to skilled nursing facilities. Some people want to stay in their own home as long as possible and bring in outside help to make that possible. Others want the freedom from home maintenance that a senior residence complex can offer. Elder Law services can help you weigh all of these options and make sure you have the right plans in place.
Money matters can be especially complex for seniors. It's so important to plan carefully and preserve your assets for when you need them the most. If you have a retirement fund, will it be enough to pay all your expenses? Have you designated individuals to act on your behalf in financial and legal matters through a proper Durable Power of Attorney so that your desires can be protected if you cannot act for yourself? Elder Law encompasses all of these decisions within the context of planning for long-term care.
Healthcare in the United States has become one of the most confusing and uncertain issues we have to face. If you have private insurance that covers medical expenses or long-term care, you need to be sure that changing laws and regulations won't affect your coverage. If you rely on Medicare and additional Medicare supplements to pay your healthcare costs, what will happen if these programs are affected by budget cuts or new eligibility requirements? Veterans may be eligible for additional government programs to cover their medical expenses. Elder Law covers these issues, and can also help you outline your wishes for health-related decisions through a Medical Power of Attorney and Advance Directives.
Elder Law also includes estate planning issues such as wills, trusts, and property transfers. As time passes and circumstances change, it is often necessary to make changes to your plans for the disposition of your assets. Further, depending upon the government benefits for which you may be eligible, changes may be needed to your plans for disposition of assets to ensure your long-term desires are met.
If you think you would benefit from a review of your options in any of these categories, please contact us!
If you’re losing sleep over how to pay for your family member’s assisted living or nursing home care, we might have the answer. Medicaid has allowed millions of Americans to get the care they needed, but couldn’t afford.
Did you know that 70 percent of individuals over age 65 will require at least some type of long-term care services during their lifetime. Over 40 percent will need care in a nursing home for some period of time. Medicaid currently pays the bill for over half of all people living in nursing homes. We want to help bridge the information gap that is preventing you from getting the benefits you or your loved ones may be entitled to. We can take the weight off your shoulders and let you sleep again.
Many families wait until a payment crisis to discover the options they might have had, if only they had acted sooner. We will help you identify your care needs and map out the best alternatives.
There are three steps to any Medicaid crisis plan.
Becoming eligible for Medicaid could save you thousands of dollars each month on your long-term care bills. But it needs to be done correctly. For less than the average monthly cost of skilled nursing care, we can develop a Medicaid eligibility and asset protection plan specifically for you. We’ll help you find some calm waters on the other side of this storm.
Long-term care consists of a variety of services that are designed to meet the health and personal care needs of an individual over an extended period of time. The need for such care can arise due to an injury or debilitating illness at any time. However, for those over the age of 65 years old, the odds of needing some form of long-term care are about 70 percent. The risk of needing long-term care and its related expenses is too great to ignore.
Because long-term care is expensive, it is prudent to take the steps to plan accordingly. A debilitating injury or illness could strike at any time. When you are ready to explore your options, contact us to schedule a time to talk to an elder law attorney.