
There are many questions being asked at the present time, because the baby boomer generation is reaching retirement age, and a lot of people are approaching senior status. If you want to be comprehensively prepared, you may want to discuss everything with a licensed elder law attorney.
One elder law issue that many people are not aware of is the matter of long-term care and the expenses that go along with it. A government agency tells us that seven out of every ten seniors will someday need living assistance.
This is a telling statistic. You will probably need help with your day-to-day activities eventually if you live a normal life span, and Medicare will not pay for long-term care.
Long-term care is very expensive, and it is simply impossible for most people to pay comfortably out-of-pocket. You could ultimately give a nursing home the inheritances that you intended to leave behind to your family members.
We practice law in California, and in California the Medicaid program is called Medi-Cal. This program will pay for long-term care if you can qualify, but there are income and asset limits, because it is a need-based program.
Elder law attorneys assist clients who want to qualify for Medi-Cal without losing all of their life savings in he process.
We have prepared a special report on Medi-Cal planning. If you would like to obtain some in-depth information, visit our Reports page to download your copy of the report.
Schedule a Free Consultation
If you would like to consult with an experienced and qualified elder law attorney, we would be glad to assist you. Simply call our office for an appointment.
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