Attorneys often focus on certain areas that they are passionate about, and we place an emphasis on elder law and estate planning. An elder law attorney is a legal professional who counsels people who are concerned about the eventualities of aging.
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.
Latest posts by Timothy P. Murphy (see all)
- Can Life Insurance Be Paid to a Trust? - August 25, 2019
- Do You Have to Go through Probate with a Living Trust? - August 23, 2019
- Top 3 Reasons to Create a Living Trust - August 21, 2019