With health care costs on the rise and most of the elder population in Massachusetts living on a fixed income, it is increasingly important for individuals to anticipate future health care needs and, to the extent possible, plan in advance for these needs. A significant number of elderly individuals in Massachusetts are, or will be, confronted with the need for assisted living and/or long-term care.
Many financing alternatives have emerged in response to the growing cost of health care needs in order to protect a healthy spouse from being forced to expend all of the couple’s shared resources for the care of one spouse. These financing alternatives also protect children who have to bear the expense of their parents’ care. However, many of the alternatives are only effective if employed prior to the onset of a need for assisted living and/or long-term care.
Educating clients with regard to the various types of care available (either at home, in an assisted living facility, or in a nursing home) and the relative costs of such care
Analyzing each individual client’s current resources
Informing clients of the various alternatives available to them to cover the costs of future health care
Working with clients to implement the alternative that best suits their individual needs
We provide elder law services to a wide range of clients, including elderly individuals who have a current need for assistance, younger generations who wish to assist elderly family members or friends who have an anticipated or current need for assistance, and young individuals who wish to plan in advance for their anticipated future health care needs.
A competent Massachusetts elder law attorney should be well-versed in various issues related to this important topic. When you work with an elder law lawyer at Simmons & Schiavo, you will have a team of professionals to offer you the information, support and legal representation you need in regard to asset protection, estate planning, wills and trusts, Medicaid planning, reverse mortgages, and so much more.
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