Like most people, you may have a hard time understanding that your health could decline at some point in the future. For this reason, you don’t put nearly as much time as you should into nursing home planning.
Here is a statistic that will open your eyes: The U.S. Department of Health and Human Services says that more than 40 percent of people age 65 or older will require some type of nursing home care at some point in their life.
Due to the fact that people are living longer than ever before, there is an ever better chance that you will require nursing home care.
With the cost of nursing home care reaching $75,000 per year, you could find your estate taking a big hit if you require this type of care.
Fortunately, there are decisions you can make today that will help preserve your assets for your loved ones, even if you have to spend an extended period of time in a nursing facility.
Do you have questions about nursing home planning? Are you wondering how you can protect your assets in the event that you find yourself in need of care? If so, don’t hesitate to contact our law firm. Our attorneys can help you implement a strategy that will work in your favor.
We know that nursing home planning is not something you want to think about. We also know that there are some simple decisions you can make today that will benefit you and your family in the future. Contact us online or via phone for more information and advice.
