Don’t Wait To Plan For Nursing Home Care

Don’t Wait
To Plan For
Nursing Home Care

Are you overwhelmed by your Loved One's decline?

Are you overwhelmed by your Loved One's decline?

You need to watch this video - NOW!

You need to watch this video - NOW!

Build a Crisis Care Plan Today!

It is very hard to replicate a nursing home level of care at home. At some point care at home may require the efforts of local and remote family members, plus outside professional caregivers. This can be expensive, plus emotionally and physically draining.

Sometimes you have done everything possible to keep Mom or Dad at home, but the handwriting is on the wall. For whatever reason, care at home is no longer working – it may be time for Mom or Dad to go to the nursing home.

Find the Best Nursing Home

When it comes to providing nursing home-level care at home, the challenges can be overwhelming. Coordinating care among family members, both local and remote, along with hiring professional caregivers, can be financially burdensome and take a toll on emotional and physical well-being. However, there are signs to watch for when in-home care isn't working, and it's important to know what questions to ask doctors and staff to ensure the best possible care. Preventing caregiver burnout is crucial, and making informed decisions based on expert advice and insights from professional caregivers can greatly assist in navigating this challenging journey.

Avoid Gaps in Coverage for Your Loved One

When it comes to Medicaid planning, it is crucial to avoid depleting all liquid assets before starting the process. The consequence of doing so can be a "gap in coverage," which can ultimately lead to a gap in care. And let's face it, nobody can afford to have a gap in care. It's important to consider factors such as prior transfers, an interest in an unprobated estate, owning out-of-state property, promissory notes, mineral rights/royalties, and income-producing property. These factors play a significant role in Medicaid planning and should be carefully considered to ensure a seamless and uninterrupted path to comprehensive care.

Options to Pay for Nursing Home Care

In times of emergency, family members often find themselves unaware of the nature and extent of their parents' assets or their whereabouts. This lack of information leads to "knee-jerk" reactions driven by emotions, which can be incredibly costly for everyone involved.

To avoid such situations, it's essential to understand the available options and make informed decisions. These options include private pay (out-of-pocket), VA assistance, Medicare (limited to rehabilitation services for up to 100 days), selling assets, long-term care insurance, and Medicaid. By familiarizing ourselves with these options and planning ahead, we can ensure that the decisions we make during emergencies are well-informed, cost-effective, and in the best interest of our loved ones.

Asset Preservation

It is crucial to prioritize seniors' quality of life and safeguard their valuable assets for their own benefit and the well-being of future generations. By implementing proactive measures to protect these assets, seniors can experience peace of mind and fully embrace their golden years. Key assets that should be protected include home properties, other land holdings, farm or mineral rights, various investments such as IRAs and 401(k)s, bank accounts, certificates of deposit (CDs), and life insurance policies. By diligently safeguarding these assets, seniors can ensure financial stability, maintain their desired lifestyle, and leave a lasting legacy for their loved ones.

Is a Crisis Care Plan Right for You?

See if you (or your Loved One) qualify for a Crisis Care Plan with a complimentary assessment call. During this call, we can assess how best to serve your specific needs and determine the best course of action for You and your Loved One.

Find the Best Nursing Home

When it comes to providing nursing home-level care at home, the challenges can be overwhelming. Coordinating care among family members, both local and remote, along with hiring professional caregivers, can be financially burdensome and take a toll on emotional and physical well-being. However, there are signs to watch for when in-home care isn't working, and it's important to know what questions to ask doctors and staff to ensure the best possible care. Preventing caregiver burnout is crucial, and making informed decisions based on expert advice and insights from professional caregivers can greatly assist in navigating this challenging journey.

Avoid Gaps in Coverage for Your Loved One

When it comes to Medicaid planning, it is crucial to avoid depleting all liquid assets before starting the process. The consequence of doing so can be a "gap in coverage," which can ultimately lead to a gap in care. And let's face it, nobody can afford to have a gap in care. It's important to consider factors such as prior transfers, an interest in an unprobated estate, owning out-of-state property, promissory notes, mineral rights/royalties, and income-producing property. These factors play a significant role in Medicaid planning and should be carefully considered to ensure a seamless and uninterrupted path to comprehensive care.

Options to Pay for Nursing Home Care

In times of emergency, family members often find themselves unaware of the nature and extent of their parents' assets or their whereabouts. This lack of information leads to "knee-jerk" reactions driven by emotions, which can be incredibly costly for everyone involved.

To avoid such situations, it's essential to understand the available options and make informed decisions. These options include private pay (out-of-pocket), VA assistance, Medicare (limited to rehabilitation services for up to 100 days), selling assets, long-term care insurance, and Medicaid. By familiarizing ourselves with these options and planning ahead, we can ensure that the decisions we make during emergencies are well-informed, cost-effective, and in the best interest of our loved ones.

Asset Preservation

It is crucial to prioritize seniors' quality of life and safeguard their valuable assets for their own benefit and the well-being of future generations. By implementing proactive measures to protect these assets, seniors can experience peace of mind and fully embrace their golden years. Key assets that should be protected include home properties, other land holdings, farm or mineral rights, various investments such as IRAs and 401(k)s, bank accounts, certificates of deposit (CDs), and life insurance policies. By diligently safeguarding these assets, seniors can ensure financial stability, maintain their desired lifestyle, and leave a lasting legacy for their loved ones.

Is an ELP Crisis Care Plan Right For You?

See if a Crisis Care Plan is right for your Loved One with a free 10-Minute phone call with one of our legal experts. During this call, we will assess how best to serve your specific needs and determine the best course of action for You and your Loved One.

ECAA eBook: Ten Unintended Medicaid Mistakes

Discover the Ultimate Guide to Empowering Your Elderly Loved One's Care Journey

Our FREE eBook dives into the essential steps to ensure she receives optimal care in the right facility. Moreover, we'll equip you with strategies to safeguard her assets and secure the necessary coverage for nursing home care.

Don't let financial concerns deter you from providing top-notch care – we'll guide you through the process of preserving financial stability.

Expert Guidance

We’ve helped hundreds of families protect millions of dollars of hard-earned assets over the last 30 years – and we can help you too!

Proven Methods

Overcome the challenges that most people face and start using strategies that have worked for hundreds of other families.

Crisis Planning

Quit stressing over what to do or how to do it and let us guide you every step of the way so you're prepared to handle anything.

The Right Facility

Help your Loved One find the "Best Fit" Facility to suit their needs. Make sure their needs are met, and their comfort is considered.

>