We all hope to be fortunate enough never to need the services of a nursing home. Some of us might need this care for a few weeks, others a few years. Skilled nursing care is very expensive.
A month can cost more than $7,000 for one person. This expense can impoverish a healthy spouse living at home. Financial crisis does not have to be the only option for you and your family.
We work with the entire family in developing and implementing various estate planning and medical assistance planning programs to help those likely to need home and community-based care, assisted living or the services of a nursing home.
The long-term care component of Medical Assistance is changing and Congress is reviewing many aspects of the program for budgetary reasons. This will make planning even more necessary and more complex.