Why Is Elder Law Important?
Of course it’s never going to happen to you, this kind of thing only happens to other people.
Nursing home costs avg. $15,000/month, and Medicare only covers in full for first 20 days. After that it’s private pay until they run out of their private money. Then Medicaid will pick up the tab.
More Important Questions.
Here’s other questions I can answer:
- Do I Need to do Will, power or attorney, health care proxy.
- Do I need a trust to avoid probate or to get assets out of my name in case I end up in nursing home one day?
Let me summarize it in this way:
You know how people worry about the possibility of losing their life’ savings if they should end up having a stroke or something and needing to spend significant time in a nursing home? Well, I help people handle their assets in such a way that they can preserve their life’s savings for their family and have Medicaid pay for the cost of care. If people are proactive and do this planning when they are well, we can often protect all their assets. However, even if they don’t, we are still able to help them – but we may not be able to protect everything. In any case, it is important for every adult to be proactive about doing a power of attorney, so in case something unexpected does happen, there is someone with authority to jump in and protect their assets.
I help take these burdens from my clients and make their lives better and make these unwanted transitions a little smoother, saving assets, family wealth and help those in need get the care they desperately need using the laws of the state of New York to your benefit.
Schedule a free consultation with me on the phone or in person. Call my office and ask one of my staff to get you on my schedule.
We think these scenarios will never happen to us until they do.