Personal And Financial Security Through Elder Care Planning

The cost of long-term care poses a significant threat to your lifetime savings and assets. At King, Adang, Arpey, Strickland & Thompson, our experienced elder law attorneys can help you qualify for long-term care while preserving your assets.

Long-term care planning is complex. Medicaid planning strategies are an important part of a long-term care plan. Every client has unique needs based on their assets, property, debt, income and overall lifestyle expectations. We can draft a plan to fit your needs.

King, Adang, Arpey, Strickland & ThompsonYour plan may include specifically designed trusts, a will, power of attorney or other techniques to move property to your loved ones while enhancing eligibility for Medicaid. Ultimately, our attorneys can advocate on your behalf before the Department of Social Services or before an independent hearing officer.

Avoid Costly Guardianship Proceedings Should You Become Unable To Manage Your Own Affairs

You can ensure your medical treatment preferences are met through the appropriate legal documents. You can assign limited authority to trusted relatives or loved ones based on your needs. For example, you can assign a relative as your power of attorney. This gives a trusted relative or loved one the power to manage your finances and personal affairs if you become incapacitated.

A well-designed long-term elder care plan will also include a health care proxy. This legal document gives power to a certain individual to make medical decisions on your behalf when you become incapacitated. If your loved one has yet to establish these legal roles, yet requires help with their personal or financial needs, then you may consider guardianship. As a legal guardian, you will manage your loved one's bills, benefits, personal and medical care services.

Schedule A Consultation To Discuss Your Elder Law Options

Schedule a consultation with one of our experienced lawyers for elder law advice. We have decades of experience assisting clients with their legal needs. Call our office in Saratoga Springs, New York, today at 518-306-1340, or may fill out an online contact form.