WHAT DO I DO IF I WANT TO PROTECT MY ASSETS FROM THE GOVERNMENT OR THE NURSING HOME IN THE FUTURE?
The prospect of long-term medical care and the bills that go with it can pose a grave threat to any family's financial plans. Negotiating the health care system can be overwhelming. The relationship between nursing homes, assisted living facilities, sub-acute care and the other care options is difficult to understand. The costs of such care are substantial. Medicare, Medicaid, Family Care and the other government programs that help pay for care complicated.
| Planning Ahead. The system for government benefits rewards planning ahead and taking action before a medical crisis is on the horizon. If a family knows that it faces the need for long-term care within 5 years they have fewer options for planning begin to decrease. However, there are still incentives to planning.
Unfortunately, looking into the future can be frustrating because there are too many unknown variables to consider. The way to handle this challenge is to be very deliberate in your planning and work one step at a time to sort through the issues. |
Secure Future Conversation™. When a family is planning ahead, the Secure Future Conversation™ is a unique process that organizes all of the confusing issues and brings the clients options and choices into focus. The process assesses the client's ability to pay for long term care, the impact that those bills will have upon the client's financial and other goals and how available government benefits would play a role in the client's future. This knowledge puts the client back in control and allows them to confidently plan for their future.
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