The average cost for standard assisted living care in the state of Florida is $37,800.00 per year. Younger people will read that statement and think nothing of it, but they fail to realize that the need for an assisted living facility is not based on age. If you become incapacitated or disabled for any reason at a young age, then you are suddenly looking at having to come up with $37,800.00 per year for your constant and necessary care.
After living in an assisted living facility for several
years, it has been determined that your parents need special medical attention
that can only be found in a facility in a neighboring state. You have always
heard that Medicaid is a federally funded program, so you figure that it would
be no problem moving your parents to a different state. It is not until you
actually start the process that you realize what you are up against.
After you and your Bonita Springs attorney are done
setting up your will, you might think that the job is done. The truth is that
the final first draft of your will is only the beginning of the will making
process. You will need to do updates to your will to reflect changes in your
life. People often forget how much their lives can change in just one year, and
those changes need to show up in your will or your final wishes might not be
met.
When it comes to the topic of guardianship, there are
many laws that govern the process and what can be done. When a Cape Coral
family wants to take on guardianship of a special needs person, there are a lot
of variables that need to be considered and plenty of questions that need to be
asked.
The discussion about the affect of life insurance on a Medicaid application has a lot to do with money. It is true that most of the Medicaid application process has to do with money, but the rules regarding life insurance are a little more straightforward than other assets. There are a lot of questions people have about applying for Medicaid which makes hiring an elder law professional a necessity during the application process. With help on your side, you can be better prepared for some of the surprises the application process brings.
One of the important elements of planning your life in
Naples is to get involved in estate planning as soon as possible. There are
qualities you will want to look for in the estate planning attorneys you talk
to in order to find the one that is right for you.
Port Charlotte is a family-centered community where
people look out for each other. The assisted living facilities in Port
Charlotte do their best to provide premium level service, but that does not
take away from the fact that those residents have rights. Before you transfer
to an assisted living facility, you and your family should be familiar with the
rights you will have when it comes to the service you are receiving.
A person’s legal situation can get complicated when
they try to have too many legal actions taken that they do not track properly.
For example, if you already have a power of attorney with someone but then
decide to create a separate power of attorney (POA) with someone else, then
that is a problem. The same goes for creating a new will when you already have
a will in effect. What happens when one person has two different powers of
attorney?
When the time comes for you to transition into an
assisted living situation, you will want to put your Medicaid application in as
soon as possible. It can take several months to complete a Medicaid
application, and there are many different criteria Medicaid uses when judging
your application. Before you start filling out your application, there are a
few considerations you need to make when it comes to qualifying for coverage.
If you were to ask residents of Marco Island what they
think of estate planning, you might get a few who say that estate planning is
only for the wealthy. The truth is that every resident of Marco Island can
benefit from estate planning and everything that it has to offer. When you are
planning your future and looking towards protecting your family, you should
definitely get involved in estate planning.