You Will Need A Plan
J. L. Williamson Law Group, LLC specializes in asset protection and elder law. As an elder law attorney, J.L. Williamson and his team have extensive experience with both pre-planning and crisis planning for long term care. The high cost of long-term care has made planning a critically important decision for most middle-class seniors and their family members.
In fact, most seniors will likely require some form of long-term care. Sadly, many of them are unprepared for the significant financial burdens it places on their family’s hard-earned savings.
Pre-planning vs. Crisis Planning for Long Term Care
Due to the 60-month lookback period for asset transfers, many seniors desire to plan ahead for long-term care as part of their estate planning, looking far into the future. If the seniors are healthy enough, we strongly encourage them to purchase long-term care insurance. This can provide a large amount of flexibility in their options for future living. Additionally, J. L. Williamson Law Group, LLC assists seniors and their families with crisis planning.
Our crisis planning strategies are based on in-depth knowledge of the Georgia Medicaid eligibility rules. Additionally, we have had intensive study and experience with client cases in this field. Finally, we integrate an astute attention to the needs of seniors and their families in these urgent situations.
Crisis planning typically occurs when the senior has received an extremely serious medical diagnosis. Most commonly this is necessary when hospital or rehabilitation facility medical personnel have determined that he or she cannot return home after rehab. At this point, the senior and family are facing extended nursing home care without Medicare coverage.
Every month that passes in an assisted living facility will consume a substantial portion of that senior’s life savings. It is possible that one’s life savings could be consumed in a matter of a few months. Under these drastic, adverse circumstances the costs of waiting even one more month are very high. Through crisis planning, however, our law firm can help a client maximize what can be protected.
At J.L. Williamson Law Group, our goal is to help simplify the process of planning for long term care. We work diligently to ensure that you or your loved ones have a strategy in place to ensure they receive the best care possible late in life. If you know someone who would like to discuss pre-planning options or that needs crisis planning, contact us or call (912) 489-5573 for a consultation.
