In addition, there will be new protections against elder abuse, neglect, and financial exploitation as well as free wellness visits under Medicare and incentives to providers to coordinate care – all taking effect in 2011.
This question was addressed on Workforce50, where the primary options: 1. Elder stays at home and enlist outside help i.e. a friend, relative, living companion, government, charitable, or a home care agency service to help the elder with their needs. 2. Move to an independent living facility, apartment or condo that does not require as much care, on one floor instead of two, or is handicapped-accessible. 3. Move in with you or some other relative or friend. 4. Enter an assisted living facility where people live as independently as they can for as long as they can, but where services…
With our thoughtful, realistic planning, caring for an elder does not have to be a financial or emotional nightmare. We, help you make the right choices for you and your loved one, you are not alone!
I ran across an article at New Jersey online last week with advice about how to pick a team of professional financial advisors. I was pleased to see the writer included estate planning attorneys as part of your essential advisory team! I also thought some of their tips for choosing an attorney were worth passing along: Think about your needs and then find an attorney who specializes in meeting them. For example, if you have elder-care issues, or tax concerns, find an attorney who is experienced at resolving issues similar to yours. Visit the websites of some of the professional…
We are changing the face of elder care, by delivering high quality, independent professional advice and advocacy services on home care, assisted living and nursing homes, asset protection, and finding governmental programs to pay for care.
Senior Life Care Planning offers a wide range of services to help maintain their client’s independence at home, or to advocate for their client’s rights and quality of life, at an assisted living facility or nursing home.
A trust in lieu of a will – may be better if you have a complex estate, require asset protection from the nursing home, a beneficiary who must meet certain conditions before receiving assets or a special-needs loved one who requires care after you are gone.