WHAT IS AN ELDER LAW ATTORNEY?

SeniorISSUES

Elder law is a legal specialty

Elder law attorneys focus on matters that are of particular

interest to senior citizens

POPULATIONAging

The population of the United States is aging rapidly

This is due to the maturation of the baby boomer generation

Around 10,000 people are applying for Social Security every

day

As a result, elder law issues are very important at the present

time

of MedicareLimitations

If you are concerned about the eventualities of aging, you should

understand the limitations of Medicare

This program will provide health insurance for most

people, but there are out-of-pocket expenses

In addition to these expenses, there is a very big gap

Long-Term Care Costs

Medicare will not pay for long-term care, and most seniors will require

living assistance eventually

The program will pay for up to 100 days of convalescent care, but it will not pay for custodial

care

This care is exorbitantly expensive, so the lack of

coverage is a very big deal

MEDICAID SOLUTION

Medicare will not pay for long-term care, but Medicaid will

assist with these costs

In fact, Medicaid pays for most of the long-term care that is

received by seniors

FINANCIAL NEED

To qualify for Medicaid, you must prove that you have significant

financial need

In spite of this, many people who are enrolled in the program were never financially needy

MEDICAID SPEND DOWN

People who were never poor qualify for Medicaid through a

Medicaid spend down

When you spend down, you spend or give away assets before

you apply for coverage

However, you have to act in an informed manner, because program rules are complex

MEDICAID PLANNING CONSULTATION

If you would like to discuss Medicaid planning or any other elder law issue with a licensed attorney, contact us to set up a

consultation

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