Plan for Your Loved One’s Future
Senior citizens are in the golden years of their lives. It is a time when they can live out their years enjoying whatever they want to do — at least, it should be. For many elders, this unfortunately feels more like a dream than an achievable reality, but it doesn’t have to be.
Planning for your future is the best way to keep your assets in check and live out your golden years in bliss (or to allow your elderly loved one to do so). The easiest way to avoid impoverishment is to plan for long-term care and Medicaid before you actively need it, providing everyone peace of mind.
First, you need a quality elder law attorney to help you through this. Don’t think you can handle financial planning on your own. An elder law attorney will help keep your assets in order and gather certain benefits you may have missed or overlooked.
If a point comes when a loved one needs a home health aide or to be in an assisted living facility/nursing home, that cost can eat away at an elder’s bank account. Medicaid will pay for a portion of these high expenses, allowing your loved one to get the care they deserve without eating away at your bank account. By planning for this early, your loved one will have the care they need without being a shock to one’s finances.
A great way to learn about Medicaid planning and other resources your elderly loved one may need is free, virtual elder law seminars on August 11, 12, and 13. By attending these seminars via Zoom or conference call, you can gather valuable information on Medicaid planning, estate planning, and probate.
To learn more about these seminars and what you have to gain from them, visit this page.
