The reality of aging is a part of life, and, as unpleasant as it may be, it may lead to needing long-term care before we die.
Whether it’s care for a specific cognitive illness, like Alzheimer’s disease, or any number of physical ailments that leave us unable to care for ourselves, going into a nursing home care requires us to examine a host of issues. Long-term care last from 2.5 years for women to 1.5 years for men, on average. Nearly 14 percent of people who enter a nursing home will be there for five years or longer.
Applying for Medicaid can be a confusing. While an elder law lawyer is an important resource for those applying, many don’t utilize them. However, an attorney experienced in elder law can help you save money in the long-term and ensure that you and/or your loved ones are receiving the best care possible. Of course, there are many reasons to consult The Mattar Firm if you’re considering applying for Medicaid. Here are some of them.
Protecting assets from a nursing home is the new
challenge for many because they risk losing their assets if one of them becomes
a resident to a nursing home.
You should plan ahead and protect your assets. As one
grows older, the concern of losing all or some of their properties to nursing
home grows, and they start to plan and consider options available to protect
their assets.
Some people have the notion that estate planning is for
the wealthy. However, it is imperative to realize that without undertaking this
process, it’s hard to choose who gets to inherit the assets you have worked so
hard for in your life.
Long-term care strategy helps those who cannot take care of themselves for long and short periods. These services help you live independently and safely as possible when you cannot perform daily activities such as dressing, eating, bathing and continence on your own.
Long term care is provided in a number of places by a number of caregivers, based on your personal needs. Most long term care arrangements in America are home-based and are offered by unpaid family members. It can also be given at a nursing home and in the community, such as in an Adult Day Care Center.
The chances are that you are probably not spending too
much time thinking about estate planning. You may be in your prime, but sorting
your affairs now may be helpful because you never know when you will leave this
world. There are many benefits of estate planning, including saving your family
from difficult decisions and getting your property to loved ones quickly.
Below, we take a look at the basics of estate planning.
Most parents plan for their children to be taken care
of in the event of their demise. However, providing and taking care of a child
includes more than just picking a guardian to raise him/her in case of the
parent’s death or incapacitation. It also involves outlining what happens to
the finances and property as well as who manages them before the children are
of age to take over.
Most people believe estate planning is as simple as
will writing, the fact is that it is much more complicated. Such
misapprehensions in executing estate planning frequently lead to mistakes that
may end up damaging your Naples Estate. Errors made may affect your financial
stability as well as the relationship with your family. Here are a few mistakes
that can damage your Naples Estate.
Without a doubt, life can be unpredictable. A power of
attorney is a document that allows you to designate another party to make
decisions on your behalf.
Assisted living is a unique type of housing facility
made for elderly persons or those requiring medical care and help with their
daily activities. People with physical or mental illness also find skilled
nurses in these facilities to help them with bathing, dressing, taking
medication, using the toilet, and performing other tasks. It is crucial to
involve an attorney for legal advice when your parent is going to the Assisted
Living. Therefore, you should know when it is appropriate to seek legal advice
concerning this. Provision of elder care is quite expensive hence;
