Is long-term care in your immediate future or the immediate future of a loved one?
So, where do you turn for help?
According to The (Fort Worth TX) Star-Telegram article “Elder care attorneys can help with long-term care, Medicaid,” you should contact an elder law attorney.
Elder law attorneys focus their practice on estate planning, probate, guardianship, Medicaid and veteran’s benefits.
If you are like many seniors, you may not have planned for long-term care.
How will you pay for this?
An elder law attorney may recommend Medicaid qualification.
There are financial requirements, and these are impacted by your estate planning choices.
Also, completing the Medicaid application can be tricky for many people.
Sometimes you may be able to appeal a denial.
Navigating these may require an elder law attorney.
Will using Medicaid to help you pay for long-term care decrease the quality of care?
The care should be the same either through Medicaid or private payments.
Even so, choose your nursing home wisely.
Will Medicaid require you to be destitute?
Some assets are exempt when determining qualification, including your home and your vehicles.
Elder law attorneys make it their goal to keep you from draining your savings on long-term care.
The rules and regulations are complicated, so this is no DIY project.
Some elder law attorneys become Certified Elder Law Attorneys.
The CELA certification requires applicants to pass a written exam and have five years of elder law experience.
If you choose to hire an elder law attorney, be sure to hire one with experience and a good reputation.
Remember: “An ounce of prevention is worth a pound of cure.” When making your financial, tax and estate plans, do not go it alone. Be sure to engage competent professional counsel.
For more information about estate planning in Overland Park, KS (and throughout the rest of Kansas and Missouri), visit our estate planning website and be sure to subscribe to our complimentary estate planning e-newsletter while you are there.
Reference: The (Fort Worth TX) Star-Telegram (October 14, 2016) “Elder care attorneys can help with long-term care, Medicaid”