Long-term Care Planning
Long Term Care Planning Attorney
Haddonfield & Ocean City, New Jersey
When the time comes that you need assistance with daily care, the cost may be as high as $10,000 a month.
Is your family prepared?
At our southern New Jersey Elder Law firm, the Law Offices of Nancy M. Rice, we are committed to helping clients maintain a high degree of financial independence even when the time comes that they require long term care. Planning for the most effective use of private and public resources for daily care and skilled nursing care is essential. Contact our Haddonfield or Ocean City office if you would like to meet with one of our lawyers to discuss your situation.
If you are currently in good health, a fundamental part of your estate plan should be long-term health care insurance. It is expensive - and it insures against the biggest risk you face - poverty due to poor health. If you are fortunate you will never need benefits from the insurance policy. Meanwhile, you will know you have done all you can to protect your spouse and your heirs.
Our elder law attorneys will also determine how to protect your assets so that you can enjoy the highest possible quality of life in the event you need assisted living or nursing home care. We design, draft, and in some cases administer Special Needs Trusts / Supplementary Care Trusts that, in the event you need to rely on Medicaid to help with your care, will allow you to purchase services and products that provide you with a higher level of dignity, independence, and comfort.
If you or a member of your family is uninsurable due to a diagnosis of dementia, a serious stroke or heart attack, a physical handicap, or another condition we will help you become eligible for Medicaid as quickly as possible without impoverishing your spouse. We will refer you to professional geriatric care managers who will help you find the best providers available.
At every milestone in your life you should revisit your basic estate plan, so that your Durable General Power of Attorney, your Advance Medical Directive (Living Will), the terms of any Trusts, and your Will provide for the administration of your estate as you direct in the event you are unable to manage your own affairs.
In addition to assisting clients with long-term care planning, estate planning attorneys at the Law Offices of Nancy M. Rice provide experienced Elder Law, probate, Disability Trusts, and guardianship services to clients living independently and in group homes throughout southern New Jersey, including the communities of Haddonfield, Cherry Hill, Voorhees, Moorestown, Mount Laurel, Mount Holly, Woodbury, Deptford, Washington Township, Hammonton, Glassboro, Cape May, Avalon, Ocean City, Linwood, Northfield, and Toms River and Camden County, Burlington County, Gloucester County, Salem County, Cumberland County, Cape May County, Atlantic County and Ocean County.
