With the cost of senior care on the rise (and no signs of ever going back), even those with means are left to wonder how to pay the bills. Nursing homes can run up to $7,000 a month in rent; assisted living averages around $3,000.
Public assistance via Medicare or Medicaid is limited in scope and coverage, and the future of both programs is quite bleak.
In addition to these obstacles, the entire process of funding long term care (finding out what is covered by private and public insurance programs, determining eligibility, etc.) is not cut and dry. These complexities are what often lead families and individuals to consult an elder law attorney, a legal professional who is specially trained to navigate the labyrinth that is senior care today.
Shouldering the extra expense of hiring an elder lawyer gives many families pause; however, there is no way to put a price on having a clear plan in place for the uncertain future. Powers of attorney, health care proxies, end of life decision-making, planning for long term care, ensuring quality care is provided, preventing elder abuse by family members or care providers – these are a few of the thorny issues that too often end up in the hands of family members during a crisis.