Elderly

Americans are living longer and must plan their care accordingly. Long Term Care Planning focuses on the various means of financing long-term care and the issues related to it. Private pay, long-term care plans, Veteran’s benefits and Medicaid are part of it. In addition, planning must focus not only on the individual who needs the care, but on the spouse who may be facing the stress of paying the cost of it. The reality of spousal impoverishment is also a key point to address when making long term care arrangements.

Long, productive lives are a blessing, but can be a challenge if not properly planned for. Long term planning also takes a look at Medicaid trying to collect from the estate of an individual who has been receiving long-term care benefits through the state of Texas.