Elder law has become a rapidly growing and important area of the law with people living longer than ever before. Elder law is primarily focused on asset protection and long-term care planning. The Baby Boomers' Barrister helps seniors protect their life savings from the high costs associated with long-term care in the St. Petersburg & Tampa, FL areas.
Paying for Long Term Care - Nursing home care in Florida averages $9,200 per month, can range from $6,000 to $12,000, and nearly half of us will require long term care at some point during our lives. The Baby Boomers Barrister can develop a plan to protect your or your parents' assets from the high cost of this care. It is important to realize that the majority of nursing home residents have their nursing home costs paid by Medicaid. We can help you or your parents qualify for Medicaid and other sources of funding to offset the cost of care.
Pre-Planning- Pre-planning allows those who are healthy now develop a plan to protect their life savings in the event of incapacity. We can create and implement a plan that positions you or your parents to access all of the benefits to which you are entitled. Such a plan ensures that you or your parents will be well cared for in the event of incapacity while protecting your life savings and giving you peace of mind.
A Crisis -The call comes in the middle of the afternoon. Mom fell, has been admitted to the hospital, and will likely need to be admitted to a nursing home. You are now facing the exorbitant costs of skilled nursing care. Medicare will help cover the costs of the first 100 days. After that you are on your own. As noted above, majority of nursing home residents have their nursing home costs paid by Medicaid. Even if someone has told you that you are ineligible for assistance from Medicaid, their evaluation of the situation may be inaccurate. While others might mean well and care deeply about your situation, they often do not understand the complexity of Medicaid law. The Baby Boomers' Barrister does.
Contact an elder law attorney as soon as possible if you or someone you love is faced with a long-term care crisis. Importantly, do not start selling off assets or giving property away in an attempt to qualify for Medicaid. We may be able to help those who are already in a nursing home, or have been denied benefits in the past, receive the financial assistance they need without resorting to drastic measures.
Give the estate planning attorneys at Baby Boomers' Barrister a call today in St. Petersburg, FL & Tampa, FL.