As people get older, their chances of needing some form of long-term care increases. Long-term care planning for you or your aging relative (for example, a parent) should be started early enough while the person is well to avoid future financial impoverishment and/or dependence upon you and/or your family. If the aging person is not well, and long-term care is needed on a more immediate basis, then Elder Care planning is still not too late but slightly more difficult.
The firm’s Elder Care Department works with its clients in connection with their long-term healthcare decisions, disability protections, and need for advanced medical directives. We also counsel individuals in connection with their Elder Care planning, long-term living arrangements, and, if necessary, assist them in obtaining Medicare and Medicaid benefits to pay for long-term home care and nursing home care.
As parents get older, you want to make sure not only that they are taking care of themselves, but also that a legal plan is in place to ensure that health care and financial decision-makers are appointed to act when necessary. Moreover, you want to make sure that any costs for long-term care are affordable and, if possible, paid for by government programs. Elder Care planning is making sure that your aging relatives maintain their independence, while at the same time setting forth a plan of action in the event that they cannot act on their own any longer.
Managing long-term care can be extremely expensive, and Medicare, long-term care insurance, and other health insurance programs do not always cover the total cost of long-term care services. Medicaid does … if you qualify. Long-term care planning will help you qualify for Medicaid and other government benefits.