Helping You When Considering Nursing Home Care
You are not getting any younger, and now, you are experiencing physical limitations that affect your everyday life. You realize that in the near future you may no longer be able to live in your home and may eventually find a new dwelling: a nursing home or assisted living center. It’s time to plan, and not just for the move.
Is your estate in order? How will you be able to pay for living in such a costly facility? These are just a few of the questions that may surface, and you need to find the right source that can help you answer such questions. Poole, Mensinger, Cutrona & Ellsworth-Aults, in Wilmington, Delaware, is a law firm with a deep understanding of elder law and estate planning. Our skilled attorneys are prepared to represent your interests.
We Can Guide Your Decision-Making
Experienced in elder law and estate planning, our attorneys will provide the one-on-one advice and direction that you need. When coming up with a plan, it’s crucial to inform your family of your intentions. As your nursing home plans come to fruition, here is a checklist of things to consider:
- Determine how you will pay. Most nursing homes accept Medicaid payments, and our experienced elder law attorneys can help you weed through the complications related to whether you qualify for the program.
- Set up an irrevocable trust, which will protect some of your assets and could help you qualify for Medicaid assistance. Assets transferred into the trust - such as your home and property — now belong to the trust and are usually safe from creditors.
- Explore the option of long-term care insurance to help pay for nursing home care.
- Update your Will, and if you don’t have one, get one created.
- Name an Agent under a durable power of attorney. This trusted person is authorized by you to make financial decisions for you if you are mentally incapacitated. There is no statute that provides this power to a spouse or another person by default, and so every person should make certain that they have a durable power of attorney in place.
- Implement an advanced health care directive, which includes a living will. Among other things, this document provides your decisions on the medical care that you are willing to accept if you are incapable of communication.
There is a lot to think about when you consider moving into a nursing home. Please make sure your plans are in order. Our attorneys have decades of experience and are ready to represent you.
Schedule An Appointment With Us
As you age, you may no longer be able to live on your own. If becoming a resident in a nursing home is a strong possibility, you need a well-thought-out plan. Poole, Mensinger, Cutrona & Ellsworth-Aults, in Wilmington, Delaware, is an experienced law firm that understands elder law and estate planning. Our attorneys are ready to help. If you want to discuss your legal options, contact us online or call 302-428-0100. Se habla español.