Age With A Long-Term Plan In Place
The term “long-term care planning” is a broad description of techniques to protect the family’s assets in the event either spouse should be admitted to a nursing home. This technique could involve using irrevocable Medicaid trusts and waiting out a so-called five-year look-back period, suggesting long-term care insurance, or using the community spouse resource allowance and an annuity for so-called excess resources.
Create A Plan That Suits Your Needs
Our attorneys have the legal and financial experience to help you develop a long-term care plan that fits the needs of individuals and families. Your plan should fit your needs and circumstances.
- Asset protection
- Medicaid applications/fair hearings
- Medicaid trusts
- Private annuities
- Trusteeships
- Wills and living wills
No one technique fits every situation and, in order for a lawyer to properly advise you, all family factors must be considered. Before proceeding with any long-term care plan, please be sure the plan is presented to you in writing and you sign off on the plan before it is implemented.
Plan For Your Future So You Can Enjoy The Present
If you have questions about long-term care planning and how it affects your family, send us an e-mail or call 888-759-5109. Free initial consultation.
