Quality of life as we age…isn’t that what we all hope for?  And for many older adults it is their reality.  They are able to bring in the support they need to remain in their own home, adding services as their needs change over time, and are able to enjoy life to the fullest.  For others who are not as lucky, finances can often be a limiting factor.

Often we are in denial about how severe a situation is until we can no longer safely care for a loved one on our own.  At that point finances may determine how limited our options are.  It is critically important to consult an Elder Law attorney to help you prepare financially.  They can identify whether someone qualifies for the Veteran’s Aid & Attendance Benefit, help divide assets if one spouse is going to a skilled nursing facility in order to be sure there are resources available for the well spouse, as well as advise on a host of other issues.   Often people ask about a “Medicaid spend down”, but what people may not know is that Medicaid does a “look back” of up to 5 years when determining benefit eligibility.  So, if you are able, contact an attorney sooner rather than later.

Dialing the phone as we speak,

 Lynn

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