Cary Elder Law Attorney Providing Long-Term Care and Asset Protection Services
Elder law attorneys are advocates for the elderly and their loved ones. A Cary Elder Law Attorney at NC Planning may be able to provide the answers and solutions that you and your family need.
Elder law attorneys handle a wide range of legal matters related to healthcare, long-term care planning, guardianship, retirement, Social Security, Medicare and Medicaid, and other important matters regarding the care of seniors, such as assisted living and life planning.
How Can Our Cary Elder Law Attorney Help?
As you learn about long-term care and the legal planning process, an elder law attorney at NC Planning can answer questions like these for you and your family:
- How can I be certain about my future care needs?
- What’s the best way to plan for the future?
- How do I pay for long-term care costs?
- Will assets be left for my loved ones?
- Does long-term planning involve risks?
- Are other resources available to me?
Whether you are planning in advance for elder care or facing an immediate crisis, you can schedule a consultation with an elder law attorney at NC Planning in Cary by calling (919) 900-4720. Our legal team can ensure that you’re taking the right steps to prepare for the future.
How Can Families Deal With Rising Healthcare Costs?
Everyone knows that the rising cost of care for seniors is a genuine concern for many families. Nursing care can cost thousands of dollars per month. Few families can afford the cost of a long-term nursing home stay.
To help you deal with these costs, the elder law team at NC Planning will develop a personalized asset protection strategy on your family’s behalf to minimize your out-of-pocket expenses by accessing benefit programs and maximizing retirement savings.
Several programs may be able to help your family with elder care costs. Medicaid may help with the cost of skilled nursing care. For some families, veteran’s pension benefits may be available. North Carolina’s PACE program helps seniors remain at home and receive skilled nursing care.
Why is Medicaid Planning Important?
Medicaid is a means-and-needs-based federal benefit program administered by the states. Consulting with the elder law team at NC Planning before you need extensive care is essential. In fact, the right planning can literally save a family hundreds of thousands of dollars.
The earlier you plan for Medicaid, the better. If you’re able to plan more than five years in advance and practice what we call “prospective planning,” then we may be able to protect your home from the threat of State Medicaid Recovery.
What is State Medicaid Recovery? Under federal law, a state may act to recover the long-term care benefits from a Medicaid recipient’s estate after the recipient’s death. Families that don’t act to protect a Medicaid recipient’s home may eventually have to sell the home to settle the claim.
When Should You Meet With An Elder Law Attorney?
It’s important to be proactive when it comes to preparing for the future. If you act far enough in advance, an attorney at NC Planning can help you put a plan in place that protects your assets and prepares you for the future. An NC Planning attorney will conduct a detailed analysis of your net worth, income, and assets while discussing the care that may be needed.
Your net worth is a critical element of prospective planning, but all of these factors are included when we discuss Medicaid planning with you and your family.
What Are Veterans’ Pension Benefits in North Carolina?
The Department of Veterans Affairs provides monthly aid to qualifying veterans and their surviving spouses. It’s a benefit that’s often used to pay for in-home, assisted or skilled nursing care.
If you are a veteran and you are 65 or older, you may qualify for aid without even realizing that this benefit is available to you. You don’t have to have been injured in combat. In fact, veterans can qualify for the benefit even if they never participated in combat.
If the Department of Veterans Affairs has told you that you have too many assets to qualify for benefits, NC Planning can help. An elder law attorney at NC Planning can employ asset protection tools that enhance your qualifications and may make you eligible for benefits.
NC Planning provides trusted planning services to the elderly and their families, including retirees and veterans, throughout North Carolina. Our legal team can review your situation, answer your questions, and help you plan for long-term nursing care and other needs.
Sound Planning Advice and Cost-Effective Solutions
We believe that quality legal services should be available to every senior. We offer sound planning advice and cost-effective, creative legal solutions. At NC Planning, our top priority is understanding your circumstances and helping you create the plans that meet your needs.
To learn more, or to arrange a first consultation, call NC Planning at (919) 900-4720, or use the contact form here on our website. We are located at 5640 Dillard Drive, Suite 101, in Cary.
NC Planning also has offices in Raleigh at 4801 Glenwood Avenue, Suite 200. It’s never too soon to plan for the future. Let a Cary elder law attorney at NC Planning help you and your family face tomorrow positively and confidently.