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AFFORDING LONG-TERM CARE
What exactly is Elder Law?
That is a great question. To put it simply, Elder Law is a specialized field of law which addresses the legal needs of aging baby boomers and their elderly parents. Elder Law encompasses the following:
- Long-term care planning, including Medicaid planning and veterans benefits
- Disability planning, including special needs planning
- Estate planning
- Guardianship
- Estate settlement, through probate and trust administration
- As an Elder Law Attorney, I focus on such matters as incapacity planning, long-term care asset protection planning, planning for “aging in place” while assessing the benefits of independent and assisted living, hospital and nursing home resident rights, working with Medicare, Medicaid and V.A. benefits, preventing elder exploitation and then tying all that together with the most efficient and effective estate plan.
Mr. La Neve is proud to serve as of-counsel to Elder Needs Law, PLLC - South Miami office.
when staying at home is a priority, what can be done IN terms of long-term CARE?
Medicaid pays for custodial care (also called personal care). Non-skilled service or care, such as help with bathing, dressing, eating, getting in and out of bed or chair, moving around, and using the bathroom. are available for not only in nursing homes, but for in the home, too.
3 WAYS FOR PAYING FOR LONG-TERM CARE
There are three main ways of paying for long term care:
1. Long term care insurance; 2. Private pay; and
3. Medicaid Planning