Long-Term Care Planning
The cost of long-term care is astronomical, and a flattening or reduction in costs is nowhere in sight. The thought of paying for long-term care keeps many elderly individuals and their children up at night, as the bills can quickly wipe away an entire estate and leave the well-being of a healthy spouse at risk. How will you make sure you can pay for long-term care? How can you make sure that both spouses will be taken care of in their golden years? An experienced elder law attorney can help you find the answers.
At Angiuli & Gentile, LLP, we have been representing individuals and families on Staten Island, New York, for 30 years. We are dedicated to protecting the estates and financial well-being of the elderly. To learn more about our long-term care planning services, call 347-201-4447 or contact us online.
It Is Not Too Early To Plan Now For The Possibility Of Nursing Home Care
Waiting too long to prepare for long-term care can be a costly mistake. In order to qualify for state aid, many families work to get financial assets out of the patient’s name. What they often fail to realize is that the state will look back five years into the person’s financial history to uncover assets that can be used to cover the cost of long-term care.
Due to this look-back period, it is crucial to begin planning for long-term care at least five years before any anticipated care needs. By taking appropriate action to plan now for long-term care, you can protect your assets, make sure your spouse will have the resources to live comfortably, and ensure your assets go to your children and other heirs rather than to the state of New York to pay for nursing home care.
You Have Worked Hard; We’ll Take It From Here
Hiring us to handle your long-term care planning will allow you to rest easy at night knowing you are in good hands. We have the knowledge and resources to help you protect your family and preserve your estate. Contact us online or call 347-201-4447 today to schedule a consultation with our Staten Island long-term care and Medicaid planning lawyers.