Planning for the future
Most people do not believe that they will become seriously ill or be injured in an accident, but these types of incidents are common. Planning for the possibility of suffering a disabling illness or injury can help to protect you. Elder Care Direction can assist you with creating a plan that can help you to feel confident that your needs will be taken care of in the way in which you want.
Housing decisions: Staying in your home
As you age, you will need to decide where you will live. Most people want to remain in their homes for as long as they can. There are different services that are available to help people to stay in their homes as they grow older.
Decisions about your health
It is important for you to decide who will be able to make decisions about your health if you are incapacitated and unable to decide for yourself. With an advance directive, you can designate a trusted loved one to make these decisions for you, and you can also maintain some control by clearly stating what types of medical care you want to receive.
Decisions about finances
If you are incapacitated, you may not be able to make decisions about your finances. A durable power of attorney can be drafted so that you can give the power to handle your finances to someone who you trust if you cannot make the decisions for yourself.
Elder Care Direction can help you plan for long-term care
Long-term care planning is very important. By planning in advance of when care is needed, you may be able to protect more of your assets so that they can pass to your family instead of being used up to pay for your care. Medicaid planning can help you to make certain that you will qualify for state funding for nursing home care while retaining your assets and your home. It is important for you to complete this type of planning long before you need care because of the lookback period that Medicaid has for asset transfers.
While most people do not want to think about the possibility that they will become seriously ill or injured, planning for these events is important. When you have a strong plan in place, you may be able to make the tasks easier for your loved ones. Contact Elder Care Direction today to schedule your consultation and to learn more about how we can help you.
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