The cost of caring for an aging or disabled person can leave a spouse or family financially ruined. Many children end up spending their own savings caring for ailing parents. Many elder people lose their homes and savings to pay for the cost of nursing homes. In addition, health and long term care costs are the number one reason for bankruptcy filings.
Careful legal planning, whether in advance or in response to an unanticipated need for care can help protect your assets, whether for your spouse or your children. The goals are the preservation of family assets, the prevention of spousal impoverishment along with uniquely and appropriately approaching a person's particular circumstances.
Long Term Care Planning, including the analysis of qualifying for Medicaid, is extremely complex. It is critical to work with an attorney that specializes in Medicaid planning. Rowley Law focuses on this sensitive, complex area of law. During your initial consultation with Rowley Law, we evaluate all of your assets, go over the Medicaid rules and then discuss different options for planning for expenses associated with elder long-term care. Once a course of action is determined and agreed upon, Rowley Law expediently moves forward with your elder long-term care legal plan.
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