When you or your loved one ends up entering into a nursing home after a hospital stay, there is often concern about who will pay for care. Nursing home care can easily cost over $450 a day. If rehabilitation is involved, it can be even more expensive.
Although it’s important to protect your assets, it’s only one aspect of estate planning. Because Medicare will not pay for long term nursing home care, many people feel that they need to deplete their assets in order to qualify for Medicaid coverage. Learn more about creating a trust, which in some cases can help you protect your assets and qualify for Medicaid benefits.
An elder law attorney assists clients in planning for the legal, financial, and healthcare challenges of aging. Our goal is to help seniors take the necessary steps to plan for their future and achieve their financial goals while maintaining their independence and quality of life as long as possible.
Preparing Your Home for Senior Care and home safety is important for everyone, but is especially true for those caring for an aging parent or loved one. There are a variety of products on the market that help seniors stay safe while maintaining some of their independence. There are also a variety of ways to modify your home to help you in preparing your home for senior care and allow your family to be ready for a live-in situation.