If you are a “senior” or “mature” adult age 65 or older, or take care of someone who is, planning for long-term care or incapacity is likely something you’ve considered. Unfortunately, with increases in age come increases in health problems. Along with those various health concerns comes particular legal challenges as well. The body of law addressing these challenges is commonly known as “Elder Law.”
If you are having legal issues as an older person or as a caretaker, the experienced elder law attorneys at Hollander & Hollander, P.C. can help.
Planning for Your Future Care and Needs
You may be asking these tough questions about yourself, your spouse or another family member. Our legal team is here to help. We can provide you with options and help you understand how certain legal tools can ensure your future needs are met.
Planning for Incapacity
As you age, the odds of becoming incapacitated due to an injury or illness increase. Whether incapacity strikes suddenly or over a period of time, the consequences are the same.
Your choices are clear: You can properly appoint decision-makers of your own choosing through advanced legal planning, or you can let a judge, who knows nothing about you or your family, appoint someone for you under the supervision of the court. The former alternative is cheaper, easier on your loved ones, and protects your privacy from the public record, while the latter is none of those.
Hollander & Hollander, P.C.can help you utilize legal tools to put a plan in place.
Planning for Long-Term Care
Once an individual reaches the age of 65 years old, they greatly increase the likelihood that they will need long-term care at some point in the future. A major concern for many American families is the cost of an effective long-term care plan, which can average up to $90,000 a year or more. Nationally, the estimated cost of a year in a nursing home costs an average of $90,000.
Medicare only pays for acute nursing home care, such as rehabilitation after a surgery, not chronic care, which encompasses activities of daily living like bathing, eating, dressing, continence, toileting or transferring. All of these needs are often compounded by such degenerative conditions as dementia or Alzheimer’s.
Hollander & Hollander, P.C. elder law attorneys are standing by to help you and your family develop a plan to ensure you can afford long-term care if and when the time comes.
Long-Term Care Insurance Options
If you are in good health and can pay the premiums, long-term care insurance (LTC or LTCI) is a smart way to pay for your care. Furthermore, long-term care insurance is sometimes used jointly with Medi-Cal legal planning to pay for care during any period of potential ineligibility.
Unfortunately, denial is not a real strategy, and now is the time to plan. A debilitating illness or injury could strike any of us at any time. Don’t delay in contacting our team of experienced lawyers today.
Let Hollander & Hollander, P.C. Help You Develop a Long-Term Care Strategy
Elder law, especially concerning long-term care, requires a strategic plan. Let the experienced elder law attorneys at Hollander & Hollander, P.C. help. Contact us today to set up a no-obligation, free initial consultation.