The Benefits of a Life Care Plan
An effective life care plan provides
the best care for you and peace of mind for you and your family.
As we age, planning for long-term care becomes
increasingly important. Gone are the days when legal planning
involved simply a will and a power of attorney. While it is
important to plan for what happens to your assets after you pass
away, through estate planning, it is also important to plan for your
personal and financial management while you are still alive, through
Life Care Planning.
Our Life Care Planning services include a
comprehensive diagnostic assessment to determine what needs to be
done to help you receive the care you need and the correct legal
tools to achieve that in a particular situation. The goals of our
planning process are (a) getting the best care for you, based on the
medical conditions that are present and the types of care your
financial resources will support, and (b) achieving peace of mind
for you and your family.
We analyze whether you might be eligible for
programs such as Medicaid or Veterans Aid and Attendance, and
whether asset restructuring is necessary.
If any estate planning documents are needed,
we draft them with your long-term care needs and resources in
The plan includes advocacy for you, to enhance
receiving the care you need.
Life Care Planning is a unique
approach based on a relationship between you and our team, as you
progress through the transitions related to needed care. The Life
Care Planning process often includes the following:
We analyze your living situation to assess its
continuing viability for you. We make suggestions for possible
changes to promote your good health and safety. We help you and your
family in locating the appropriate type of care, coordinating
private and public resources to pay for the care, and work to
preserve your right to quality care. The Assessment is performed by
our Elder Care Coordinator, Tracy Swanson, RN (right), in
conjunction with the attorney and appropriate community resources.
Long-term care, regardless of its location, can
be financially devastating. We focus on determining whether, when
long-term care is needed, there are ways to protect some or all of
your savings. Our experience in elder law may help you preserve a
significant portion of your precious assets.
Planning for Incapacity
Our plan includes the tools necessary to ensure
that, if you no longer can or wish to make your own financial or
healthcare decisions, the transition to a fiduciary of your choosing
will be as smooth as possible.
Proper planning will allow you to distribute
assets upon your death in a way that minimizes the administrative
cost and burden on your beneficiaries.
There are many ways to accomplish these goals,
and it is our job to advise you as to which are the best and most
economical for you, based on your current and future needs for care.