A good elder law attorney will provide Long-term Care and Nursing Home planning and advice in the following common situations:
There are four things every person needs to know about long-term care and nursing home planning.
The planning process for a nursing home or other long-term care starts with an initial meeting. This meeting is informational. The goal is to help the family understand the long-term care planning process and the range of possible planning options available, and for us to get to know the family and gather some basic information. Depending on the situation, this meeting may be with the person who needs care, spouses, or the whole family.
The next step is to work out a comprehensive plan. To do that, we need a complete financial picture, medical information, and an understanding of the family's goals. We provide the family tools to assist in gathering this information, and in some cases help gather it ourselves. We then put together a comprehensive written financial plan and present it to the family. Sometimes, this plan consists of a single recommended course of action; more often, it gives a series of recommended options.
Once the family settles on a course of action, we help make the changes necessary to put the plan into action. This includes assisting with asset transfers, filing the applications for benefits, and working with the County to get the application approved. We also assist with post-eligibility issues and asset transfers.
As with our other work, we never charge for our initial informational meeting with the family. That is simply our chance to meet and see whether going forward with the llong-term care planning process makes sense.
At that meeting, we provide a flat fee quote for creating the comprehensive plan. We always guarantee that we will find savings for the family of five times or more our fees, or the plan is free.
Our fees to turn the comprehensive plan into reality are quoted as part of the plan. We structure our fees so that most or all are paid out of funds that would otherwise be paid for long-term or nursing home care, maximizing the savings for the family.
To get started, call us to schedule an informational meeting. That meeting can be held at our office or at a person's home, and can include some, all, or no family members in addition to the person who needs or is planning for nursing home care. There is no need to bring anything to the meeting--it is simply our chance to help each other understand the situation and decide whether the planning process makes sense. Contact us today!
Lauterbach Legal LLC
2417A Post Road, Suite C
Stevens Point, WI 54481