Preparing for the future can be challenging, as one never knows what life holds for them. It's hard to accurately calculate a person's long-term health care and financial needs, but a close estimate is often possible when one turns to an elder law attorney in New Britain, CT. The attorney can bring together a team of experts to calculate these needs and offer creative and innovative solutions to ensure the client's needs are met in the future, regardless of what life has in store. This process cannot begin too early either, than ks to this uncertainty. Following are some areas where the elder law attorney can be of help.
Home Care
Certain individuals find they need assistance with daily tasks, such as bathing and dressing, as they age. Bringing …show more content…
For example, nursing home residents who wish to be eligible for Medicaid find they cannot have more than $1,600 in assets, yet this does not mean their spouse is limited to this amount. The healthy spouse retains certain assets which the courts have deemed exempt, such as a home regardless of its value. Furthermore, the healthy spouse can have a monthly income of a set amount, determined by the state, and this amount is currently $2,980. Individuals who wish to have nursing home care for a loved one or themselves need to speak to an elder law attorney in New Britain, CT to learn how to protect their assets and receive funds to pay for this …show more content…
Numerous individuals find a will is no longer sufficient to outline what they wish to happen in the event they become disabled or pass away. Asset protection is of concern to many, others want to ensure funds are set aside for a charitable organization and some need to establish trusts for family members with special needs. A financial power of attorney is necessary for many people, and everyone should outline their choices when it comes to health care and the end of their life. An attorney determines which documents should be put into place to make certain all bases are
Home Care
Certain individuals find they need assistance with daily tasks, such as bathing and dressing, as they age. Bringing …show more content…
For example, nursing home residents who wish to be eligible for Medicaid find they cannot have more than $1,600 in assets, yet this does not mean their spouse is limited to this amount. The healthy spouse retains certain assets which the courts have deemed exempt, such as a home regardless of its value. Furthermore, the healthy spouse can have a monthly income of a set amount, determined by the state, and this amount is currently $2,980. Individuals who wish to have nursing home care for a loved one or themselves need to speak to an elder law attorney in New Britain, CT to learn how to protect their assets and receive funds to pay for this …show more content…
Numerous individuals find a will is no longer sufficient to outline what they wish to happen in the event they become disabled or pass away. Asset protection is of concern to many, others want to ensure funds are set aside for a charitable organization and some need to establish trusts for family members with special needs. A financial power of attorney is necessary for many people, and everyone should outline their choices when it comes to health care and the end of their life. An attorney determines which documents should be put into place to make certain all bases are