Tag Archives: long

When Would a Senior Need Long-Term Care?

Long term care attorneys at Nirenstein, Horowitz & Associates provide help in making plans in case you someday require long term care. You can get long term care in your own home or, if necessary, can move into a nursing home in order to get the care that you need. Both options are very expensive, [ ] The post When Would a Senior Need Long-Term Care? appeared first on Nirenstein, Horowitz & Associates P.C..
http://preserveyourestate.net/blog/long-term-care-2/senior-need-long-term-care/

Can I Get Long-Term Care at Home?


Glastonbury long term care attorneys can help you to make plans to get the care that you need in a way that makes sense for you and your loved ones. Many people who get older or who develop an illness or who suffer an injury will eventually require long term care. This type of care [ ] The post Can I Get Long-Term Care at Home? appeared first on Nirenstein, Horowitz & Associates P.C..
http://preserveyourestate.net/blog/long-term-care-2/can-get-long-term-care-home/

Medicaid and Long-Term Care: An Overview


When you are planning for retirement, you probably envision the good times that await you. If you plan ahead diligently, you can go forward with the financial underpinning that you need to enjoy your retirement years to the fullest. These are the golden years, but the twilight years will follow. A very significant percentage of people ultimately require assistance with their activities of daily living. In fact, 70 percent of people who are reaching the age of 65 will someday need living assistance according to the United States Department of Health and Human Services. Medicare Limitations Your first thought may be that Medicare will pay for long-term care when and if you need it. You will qualify for Medicare when you reach the age of 65 if you have paid into the program sufficiently. That s the good news. Here s the bad news: Medicare will not pay for long-term care. The program will pay for up to 100 days of convalescent care, but it does not cover custodial care. Cost of Care It is
http://preserveyourestate.net/blog/elder-law/medicaid-and-long-term-care-an-overview/

Demystifying Nursing Homes


Long-term care is a matter that elder law attorneys frequently counsel clients about. There are people who are looking ahead toward their own future in a practical manner, and they want to be prepared. Of course, we also speak with adult children who are concerned about their parents. First, we should point out the fact that it is not a good idea to assume that most elders will be able to take care of their day-to-day needs on their own throughout their lives. If you want to get a feel for the long-term care situation, you should certainly visit the government website LongTermCare.gov. This site is maintained by the United States Department of Health and Human Services, and you can educate yourself if you take some time to explore this very useful website. According to the site, the majority of people who attain senior citizen status will someday need help with their activities of daily living. The figure that they have come up with is 70 percent, so it is likely that you will require
http://preserveyourestate.net/blog/elder-law/demystifying-nursing-homes/

Veterans A & A Special Pension Can Defray Long-Term Care Costs

People who devote time to military service make significant sacrifices, but they also obtain certain rewards. There are educational opportunities in the military, and you can obtain an education while you simultaneously build your resume as you serve your country. There are also benefits that can help you after you leave the service. People who serve for at least 20 years can qualify for a retirement pension, and if you stay longer than this, your retirement pension will be greater. In addition to the retirement pension, there is another pension that is called the Veterans Aid and Attendance special pension. The name of this pension is often shortened to Veterans A & A. While the length of service requirement for the retirement pension is 20 years at minimum, things are different with Veterans A & A . To meet the requirement with regard to length of service, you must have served for at least one day during a time of war. Your total length of service must be at least 90 days. The Veter
http://www.preserveyourestate.net/veterans-special-pension-defray-longterm-care-costs/

How Long Will My Heirs Have to Wait for Their Inheritances?

Effective inheritance planning is going to involve research. You should understand all of the facts and make fully informed decisions. If you make assumptions based on incomplete information, you may create unnecessary difficulties for your loved ones. One misconception that people often harbor is the notion that a last will is the simplest, most efficient asset transfer vehicle in the field of estate planning. In reality, the process of estate administration is really not that simple when a last will is utilized. The executor of the estate is the person who administers the estate after the passing of the testator. This estate administrator cannot immediately distribute assets to the heirs. There is a considerable delay, because the will would be admitted to probate. This is the legal process of estate administration. The probate court supervises the administration of the estate. There are various different time-consuming endeavors that must be undertaken during the probate process. T
http://www.preserveyourestate.net/long-heirs-wait-inheritances/

How Expensive Is Long-Term Care?

The most pressing elder law issue of the current era is the matter of long-term care. People are living longer lives, and as you reach an advanced age, it becomes more and more likely that you will need living assistance eventually. Perhaps surprisingly, 70 percent of people who have attained senior citizen status will eventually need help with their day-to-day needs. You may assume that Medicare will pay for long-term care if you ever need it, but in reality, Medicare does not pay for custodial care. This is a serious matter, because long-term care is very expensive. Assisted Living Costs Genworth Financial has been researching the state of long-term care costs for the last few years, and the figures for 2015 have been released. Our firm is located in the state of Connecticut. According to the survey, in Connecticut, the median annual charge for a private room in a nursing home is a staggering $158,775 at the present time. A semi-private room is not going to provide much of a discoun
http://www.preserveyourestate.net/expensive-longterm-care/