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, … [Read more...] about Is Long-Term Care Insurance a Good Option to Pay for Nursing Home Care?
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. … [Read more...] about How Much Does Long-Term Care Actually Cost?
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 … [Read more...] about What are Options for Long-Term Care?
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 … [Read more...] about Free Report: Long-Term Care Are You Getting Prepared
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 … [Read more...] about Free Report: Does Medicare Pay for Long-Term Care in New York
Important Facts About Long-term Care from Mark EghrariSome 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. … [Read more...] about Important Facts About Long-term Care
Elder law attorneys assist clients who are concerned about long-term care costs. This is a serious matter, because most senior citizens will eventually need assistance with their day-to-day needs. Long-term care can be provided in nursing homes and assisted living communities, and there are also those who use in-home care providers.Medicare Won't HelpLiving assistance is very expensive across the United States, and the prices in New York are higher than the national averages as you might … [Read more...] about Does Medicaid Pay for In-Home Care?
Everyone should discuss the future with an elder law attorney. There are certain contingencies that you may face during the latter stages of your life. You may not be aware of the facts, and negative consequences can result if you don't act because of a lack of information.Long-Term Care: Who Needs It?We are all aware of the existence of nursing homes and assisted living communities. However, when you are younger and capable of handling all of your activities of daily living on your own, it … [Read more...] about How Do You Find an Elder Law Attorney?
Long-term care costs are continuing to spiral upward according to the MetLife Mature Market Institute.Each year the Institute conducts a survey that probes the cost of assisted living throughout the United States. The 2012 statistics are in and the news is not especially encouraging.Throughout the country as a whole the average charge for a month-long stay in an assisted living community in 2011 was $3477. If you multiply this figure by the number of months in a year the annual expense … [Read more...] about New MetLife Market Survey: Long-Term Care Costs Continue to Rise
People often utter the phrase "when I retire." In fact, it may be more accurate for many to replace the word "when" with "if."There are those who contend that it is not a matter of "if" because they are going to be receiving Social Security when they reach the age of full eligibility as defined by the SSA.While they may be eligible benefits are modest, with the average monthly benefit at the beginning of 2012 being just a bit over $1200 per month. Cost-of-living adjustments are … [Read more...] about Is Retirement in Your Future?