Millions of Americans require long-term care each year— and this care costs big. How can prevent your assets from being used to cover an extended stay in a nursing home or facility? Long-term care insurance is one option, but it can be expensive. Medicaid trusts offer a more affordable alternative that will protect your assets.
If you’re not comfortable operating in “crisis mode,” life care planning is likely a great fit for your family. Life care planning is all about planning ahead.
For most people, having a plan in place is comforting and provides a sense of security. It doesn't hurt to consult an elder care law expert who has experience with Life Care Planning and find out what solution best fits your needs.
A life care plan is created by an interdisciplinary team consisting of an experienced elder care attorney, medical professionals, case managers, and patients and their families. After a comprehensive review of available medical records, this team will interview the patient and assess the home. Upon consulting the health care providers and researching specific care needs, the team considers relevant research literature and reviews medical costs.
The heart of any elder-centric law practice, a life care plan is an invaluable tool that defines, organizes, and prioritizes the many moving parts of an elder’s future care, whether it’s related to a long-term illness or simply a result of aging.
When there’s a life care plan in place, the moment care is required, the plan is put in motion. You or your loved one won’t be put into crisis mode— there’s no scrambling to find a solution, whether it’s the right fit or not.
Talk to one of our experienced elder care attorneys today. Fill out the form to schedule your free consultation.