• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

The Potter Law Firm

North Carolina and Kentucky Estate Planning Attorneys

phone iconNC (704) 944-3245
KY (606) 324-5516
Attend A Free Webinar - KY Attend A Free Webinar - NC/SC THIS IS AN ADVERTISEMENT

  • Home
  • About Us
    • About Our Firm
    • Attorney and Staff Profiles
  • Practice Areas
    • Asset Protection & Business Planning
    • Elder Law & Medicaid Services
    • Estate and Gift Tax Figures
    • Family-Owned Businesses & Farms
    • Incapacity Planning
    • IRA & Retirement Planning
    • Legacy Planning
    • Pet Planning
    • Probate
    • SECURE Act
    • Special Needs Planning
    • Trust Administration
  • Elder Law
    • Coping With Alzheimer’s
    • Emergency Medicaid & Nursing Home Planning
    • Guardianship & Conservatorship
    • Hospice Care
    • Medicaid Planning
    • Nursing Home Planning
    • Veterans Benefits
  • Communities We Serve
    • Kentucky
      • Boyd County
        • Ashland
        • Florence
      • Kenton County
        • Covington
        • Fort Mitchell
        • Independence
    • North Carolina
      • Mecklenburg County
        • Charlotte
        • Davidson
        • Huntersville
  • Resources
    • Definitions
    • DocuBank
    • Elder Law
      • Elder Law Links
      • Elder Law Reports
      • Local Elder Law Resources
        • Ashland Elder Resources
        • Covington Senior Resources
        • Huntersville Elder Law Resources
        • Independence Senior Resources
    • Elder Law Reports
    • Emergency Legal Documents
    • Free Estate Planning Seminars
    • Free Estate Planning Worksheet
    • Frequently Asked Questions
      • Estate Planning
      • Frequently Asked Questions for Families Without an Estate Plan
      • IRA & Retirement Planning
      • Legacy Wealth Planning
      • LGBTQ Estate Planning
      • Medicaid
      • Pet Planning
      • Trust Administration & Probate
    • Is Your Estate Plan Outdated?
    • Kentucky Probate Resources
      • Ashland, Kentucky Probate Resources
    • Newsletters
    • North Carolina Probate Resources
      • Huntersville, NC Probate Resources
    • Reports
      • Advanced Estate Planning
      • Basic Estate Planning
      • Elder Law Reports
      • Estate Planning for Niches
      • Trust Administration
  • Contact Us
  • BLOG
Home » Long Term Care

What Is Long-Term Care Insurance?

April 7, 2022 by John Potter

Charlotte elder law attorney

Creating a comprehensive estate plan requires you to consider several factors that might impact you as you age, including the likelihood that you, or a spouse, will need long-term care. If you do end up needing long-term care (LTC), the cost of that care could put your estate assets at risk if you failed to plan for the possibility ahead of time. One way to protect assets is to purchase LTC insurance. Long-term care insurance, however, is not right for everyone. To help you decide if it is right … [Read more...] about What Is Long-Term Care Insurance?

Filed Under: Long Term Care

If You Don’t Understand the Medicaid Look-Back Rule You May Be in Trouble

June 5, 2018 by John Potter

Ashland Medicaid attorneys

Medicaid places certain limitations on the amount of financial resources you own, as well as how and when you can transfer assets from your estate to someone else. Long-term care costs are often too expensive for most people and they are continuing to increase every year. Currently, the national average cost, for a year of nursing home care, exceeds $90,000. For this, and many other reasons, Medicaid planning is important for everyone.  Our Ashland Medicaid attorneys can advise you regarding the … [Read more...] about If You Don’t Understand the Medicaid Look-Back Rule You May Be in Trouble

Filed Under: Asset Ownership, Asset Protection Planning, Elder Law, Estate Planning, Long Term Care, Long-Term Planning, Medicaid, Trusts

Veterans Benefit Can Assist With Long-Term Care Costs

July 4, 2014 by John Potter

Veterans of the United States military make many sacrifices for our country, but they do receive certain rewards for their service. There are a number of different benefits, and some of them are overlooked. One of the benefits that many people are not aware of is the Veterans Aid and Attendance Special Pension. Long-Term Care Costs Long-term care is very expensive, and Medicare will not pay for this type of care. If you need assistance with your activities of daily living, the assistance is … [Read more...] about Veterans Benefit Can Assist With Long-Term Care Costs

Filed Under: Elder Law, Long Term Care Tagged With: Veterans Benefits

Medicaid Planning in Charlotte: What Is the Five Year Look Back?

May 26, 2014 by John Potter

Medicaid is a government program that ultimately becomes very relevant to a high percentage of senior citizens. Why would Medicaid be important to you when you are going to be qualified for Medicare coverage when you reach the age of 65? This is a very good question. Long-Term Care & Medicare Medicare is a health insurance program for senior citizens who qualify. You become eligible for Medicare by earning at least 40 retirement credits over the course of your lifetime. You can earn up to … [Read more...] about Medicaid Planning in Charlotte: What Is the Five Year Look Back?

Filed Under: Elder Law, Long Term Care Tagged With: Medicaid Planning, medicaid planning in charlotte, Medicaid regulations

Medicaid Planning & Early Dementia Signs

May 19, 2014 by John Potter

To be fully prepared for the eventualities of aging you should understand the ubiquity of dementia among our nation's elders. Alzheimer's disease is the leading cause of dementia. According to the Alzheimer's Association, about 13 percent of those who have reached the age of 65 will contract Alzheimer's disease. This in itself is a significant figure, but the likelihood of contracting the disease continues to rise as you get older. Over 40 percent of those who are at least 85 have Alzheimer's. … [Read more...] about Medicaid Planning & Early Dementia Signs

Filed Under: Elder Law, Long Term Care Tagged With: Alzheimer's Disease, Medicaid Planning

What Is the Asset Maximum That Medicaid Will Allow?

April 21, 2014 by John Potter

The Medicaid program is relied upon by a high percentage of senior citizens who require long-term care. This is because of the fact that Medicare does not pay for custodial care. Medicare will pay for convalescent care for up to 100 days, but it does not pay for custodial care. It takes careful planning to be able to qualify for Medicaid if you have never been financially needy, because there are upper asset limits. The ceiling on countable assets is $2000 for an individual in most … [Read more...] about What Is the Asset Maximum That Medicaid Will Allow?

Filed Under: Elder Law, Long Term Care Tagged With: Medicaid FAQs

Medicaid Trusts: What Are the Disadvantages?

March 5, 2014 by John Potter

Many people hear the word Medicaid and they tune out, because they expect to be eligible for Medicare coverage. Before we take a look at the disadvantages of Medicaid trusts, we should first explain why Medicaid is relevant to senior citizens so we don't lose anyone. Long-Term Care Costs The United States Department of Health and Human Services tells us that most of the people in the United States will eventually need custodial care. This is the type of care that is received in nursing homes … [Read more...] about Medicaid Trusts: What Are the Disadvantages?

Filed Under: Elder Law, Long Term Care Tagged With: Medicaid Planning, Medicaid trusts

Alzheimer’s Looms Large for Seniors

February 25, 2013 by John Potter

The prospect of developing Alzheimer's disease late in your life may not be a very pleasant one, but it is a real one all the same. If you knew that there was a significant possibility of encountering some type of challenge in the future, you would probably want to prepare in advance to the best of your ability. However, many people go through life without planning ahead for the possibility of incapacity. Approximately one out of every eight senior citizens is suffering from Alzheimer's … [Read more...] about Alzheimer’s Looms Large for Seniors

Filed Under: Elder Law, Health Care Documents, Incapacity Planning, Long Term Care Tagged With: Alzheimer's, Incapacity Planning, Powers of Attorney

People Buying Long-Term Care Insurance at Younger Ages

February 20, 2013 by John Potter

Everyone carries automobile insurance, and even if it weren't required, you would invariably take out a policy to avoid potential losses. The odds of totaling your car are far less than 50-50, but you would rather be safe than sorry. Yet, most people who reach the age of 65 will eventually need living assistance, and a high percentage of them have made no preparations for handling these expenses. One of the reasons why so many people are unprepared for long-term care costs is because they are … [Read more...] about People Buying Long-Term Care Insurance at Younger Ages

Filed Under: Elder Law, Long Term Care Tagged With: Elder Law, Long-Term Care Insurance, Nursing Homes

As Parents Age Assistance May Be Needed

January 28, 2013 by John Potter

It is up to you to keep an eye on your aging parents to see if they need living assistance. Though some parents are forthcoming in telling their children that they need help, some are too proud to do so. And people who are suffering from dementia may not even recognize that they need help making decisions. This can be a sensitive topic to discuss, but it is a subject that must be addressed all the same.  The majority of senior citizens will need assistance at some juncture, and that assistance … [Read more...] about As Parents Age Assistance May Be Needed

Filed Under: Elder Law, Long Term Care Tagged With: Elder Law, Long Term Care, Nursing Homes

  • Go to page 1
  • Go to page 2
  • Go to page 3
  • Go to Next Page »

Free Estate Planning Worksheet

There's a lot that goes into setting up a comprehensive estate plan, but with our FREE worksheet, you'll be one step closer to getting yourself and your family on the path to a secure and happy future.
Texting Permission

Follow Us

  • Facebook
  • Instagram
  • LinkedIn
  • RSS
  • Twitter
  • YouTube

Testimonials

default image

Overall The Potter Firm was very professional. They took what could of been a very complicated process and were able to break it down so it was a lot easier to understand. We are confident we now have made the right decisions in our estate planning. Good firm to work with.

DKS & KMS Client Review August 28, 2020

default image

John Potter has been a real pleasure to work with. He is very knowledgeable and explains things in a very simplistic manner so the average person can understand how/why the laws are written. He is very attentive and asks questions in such a way that not only helps him understand your goals, but also helps you think about what type of goals and expectations you should be considering. Exemplary client service.

David J. Client Review August 28, 2020

default image

My husband and I selected Ms. Potter to assist with our small business. She responsive and attentive every time I have a question or need assistance, and is extremely knowledgeable and able to answer any legal question I have had. I know I can count on Ms. Potter for all of my business legal needs and I would highly recommend her to anyone needing legal assistance with such.

Jillian Client Review August 28, 2020

<< Prev
Next >>

Where We Are

Ashland

ASHLAND
1620 Carter Avenue
Ashland, KY 41101-7631
Phone: (606) 324-5516
Fax: (606) 324-4766

Charlotte

CHARLOTTE
15720 Brixham Hill Avenue
Suite 300,
Charlotte, NC 28277
Phone: (704) 944-3245

Huntersville

HUNTERSVILLE
11330 Vanstory Drive
Huntersville, NC 28078
Phone: (704) 944-3245

Northern Kentucky

NORTHERN KENTUCKY
7310 Turfway Road
Suite 550,
Florence, KY 41042
Phone: (859) 372-6655

Office Hours

Monday8:30 AM - 4:30 PM
Tuesday8:30 AM - 4:30 PM
Wednesday8:30 AM - 4:30 PM
Thursday8:30 AM - 4:30 PM
Friday8:30 AM - 3:00 PM

Map/Location

potter_sidbr_map
potter law logo
  • Facebook
  • Instagram
  • LinkedIn
  • RSS
  • Twitter
  • YouTube

The information on this website is for general information purposes only. Nothing on this or associated pages, documents, comments, answers, emails, or other communications should be taken as legal advice for any individual case or situation. The information on this website is not intended to create, and receipt or viewing of this information does not constitute, an attorney-client relationship.

Privacy Policy | Terms of Service | Disclaimer | Site Map | Powered by American Academy of Estate Planning Attorneys

© 2022 American Academy of Estate Planning Attorneys, Inc. THIS IS AN ADVERTISEMENT