Do You Have a Plan to Cover the Cost of Nursing Home Care in Lexington, KY?
Nursing Home expense is one of the most feared demons as we age. Proper planning can reduce and sometimes eliminate the expense of nursing care altogether. The primary fear of "Medicaid taking my house" can be eliminated by proper planning in advance. In some cases, even in crisis, there are planning techniques that will preserve much if not all of the family resources against the cost of nursing home care.
Other counseling can be valuable for dealing with long term care expense; which facilities should be considered; what is the difference between assisted living and personal care facilities; spousal trusts; special needs counseling; insurance products such as long term care partnership insurance where Medicaid matches the long term care insurance payments to double the amount of payments; all of these resources can be addressed when visiting an elder law attorney. This is undoubtedly an area where ignorance is not bliss.
An elder care firm is invaluable to families facing these issues. Contact ElderLawLexington for valuable resources and guidance when it comes to your nursing home planning process.