Rothkoff Elder eNewsletter

Life Care Planning Goals

1. Meeting the elder’s immediate health care and long-term care needs.
2. Making sure the elder/ family is making good health care and long-term care decisions.
3. Helping the elder/ family sort through the maze of their long-term care options including residential options.
4. Identifying and accessing public benefits and resources to pay for care should the elder meet the qualifying criteria.
5. Help with asset management, including the burden of home ownership and personal property.
6. Providing the entire family the peace of mind that comes from knowing their loved one is monitored by a team that combines legal and financial expertise with specialized knowledge of the elder’s physical, mental and emotional health.

Ensuring the highest level of independence the elder can achieve, while ensuring safety.

Applying For Medicaid, Tips On Getting More Funding

There are a few things you can do using Medicaid planning to rearrange finances and legally shelter your assets from the state. The strategies can be very complicated so you may want to consult an elder law attorney to help you with the specifics.

You would be accomplishing a few goals in Medicaid planning including:
1. Sheltering countable assets
2. Preserving assets for your heirs
3. Providing for your healthy spouse

Read more here.