Long Term Care

Long-Term Care Awareness Month, observed each November, aims to increase public awareness of the importance of planning for long-term care needs. With the rising costs of long-term care services and the growing aging population, it is crucial to understand the various options available to ensure that your wishes are honored and to protect your financial well-being. With that in mind, the Long Island attorneys at Eghrari Law Firm offer suggestions for how you can get involved in Long-Term Care …

As you contemplate your “Golden Years,” you likely think about the possibility that you (or a spouse) will end up in long-term care. Although most of us prefer to envision living out our retirement years in our own home, the reality is that long-term care could be necessary at some point which makes planning for how you will pay for that care an important part of your estate plan. The Long Island estate planning attorneys at Eghrari Law Firm discuss whether long-term care insurance is worth the …

Long Island Medicaid planning attorneys provide assistance in making sure clients can get long term care paid for without having to lose all they have worked a lifetime for. The costs of long term care can be astronomical, and even wealthy families can spend substantial assets very quickly and end up struggling to pay for nursing home care or a home health aide. For middle class and lower income families, the costs of long term care may be well beyond their reach financially.  Unfortunately, …

Long Island Medicaid planning attorneys can provide assistance in making sure you can cover the costs of long term care. Long-term care may become necessary at any age if you get sick or are injured and can no longer do activities of daily living on your own, such as eating or maintaining personal hygiene. As you get older, age and infirmity can also necessitate that you get long-term care.  Long-term care is very expensive, and is not affordable for most people if they must pay on their own. …

Long Island elder law attorneys can provide assistance to individuals who are no longer able to live completely independently. If you have gotten older and found it more difficult to do routine tasks due to age, you may no longer be able to handle life on your own. If you get sick or hurt and cannot do basic tasks for yourself, you might also require a high level of hands-on care.  If you need care on an ongoing basis to help with you routine activities of daily living, this kind of care is …

The MetLife Mature Market Institute conducts a survey every year that examines long-term care costs around the country. They provide national averages, and they also drill down further to provide the average costs within specific states and metropolitan areas. In 2012 the national average charge for a single day in a private room in a nursing home in the United States was $248. If you get out your calculator and multiply this by the number of days in a year you come up with an annual expense of …

Since Medicare is designed to help seniors address medical costs that they will invariably face, you would assume that it is set up to assist with long-term care expenses. The United States Department of Health and Human Services states that seven out of every 10 seniors will someday need living assistance, so this is a likelihood for most of us. Whether it makes sense or not, Medicare does not pay for long-term care, because it is considered to be custodial care. The program will pay for …

Important Facts About Long-term Care from Mark Eghrari Some people can remain in their homes, receiving assistance from their loved ones. Another option would be to stay at home and pay for a home health aide to provide the assistance that you need. In some cases the residence can be modified to accommodate physical limitations. Learn more about important facts about long-term care in this presentation. …