Do you or your parents worry about paying for long-term care? Are you afraid of outliving your money?
As our population ages, more and more of us have to deal with personal care issues, whether it be for our parents or ourselves. One of the most immediate issues is long term nursing home care and how to pay for it.
Estate Planning and Elder Law: What’s the difference?
Estate planning involves the assets (like your home) that you leave behind after you pass away and making choices about what happens to those assets.
Elder Law planning seeks to preserve your money, income, and assets, to be used for your benefit and care while you’re still alive.
Proper planning allows you to:
- Access to your own assets and possibly qualify for programs you are entitled to, such as Medi-Cal and Veterans benefits
- Plan for your own disability, incapacity, and long term care requirements
- Address your current and future concerns for your loved ones
Contact us today to schedule a consultation to discuss Medi-Cal and VA Benefits planning.