Do you have a plan in place to deal with the high costs of any future nursing home care? If not, then you need to discover how a Medicaid lawyer can help you protect yourself and your interests. We often hear about how important it is to prepare for the future. Whether it is business planning, legacy planning, or retirement plans, experts continually remind us that it’s vital to be prepared for uncertainty. With more than half of us expected to one day require long-term care in a nursing home or … [Read more...] about What if I Can’t Afford Nursing Home Care?
Last Friday, the Department of Health and Human Services announced that it does not plan to implement the Community Living Assistance Services and Support (CLASS) Act at the present time. The CLASS Act was intended to act as a federal insurance program for long-term care, particularly in nursing facilities. The enacting legislation requires HHS to determine that the program will be self-sustaining (that is, it will pay for itself) before going into effect. Because HHS was not convinced that … [Read more...] about CLASS Act on Hold
We often have elderly clients and their adult children come into our office with the fear, “Will I lose everything to the nursing home? Fortunately, there are often options to alleviate this fear and protect assets. Ryan and his elderly father, John, age 71, come into the office for a Medicaid/nursing home consultation. John is still living independently but is concerned about his future. He doesn’t want to be a burden on Ryan and his sisters and he doesn’t want to spend any more of his … [Read more...] about Will I Lose Everything to the Nursing Home?
As our loved ones continue to age, there are often long term care needs that must be addressed. If you have a loved one who is in need of extra care assistance, you may want to make sure that you understand all of your options. Take a look at some of the information below to help guide you through the process. If you have additional questions, or if you need assistance choosing a long term care facility, meet with an estate planning or elder law attorney. What is long term care and what are … [Read more...] about Long Term Care FAQ