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DO YOU HAVE QUESTIONS ABOUT...
Estate Planning | Elder Law | Guardianship | Long Term & Medicaid Planning | Probate
1) Is estate planning the same as long term care planning?
No. Not all estate planning attorneys are experienced in elder law. Our firm has over 65 years of experience and can review your existing will or estate plan to help you develop a long term care plan or provide guidance on the importance of the “Medicaid 5 Year Lookback” requirement.
2) What is the average cost of long term care?
The cost varies based on the type of care required. On average, skilled nursing care costs an average of $10,000/mo. Medicare does not provide long-term care coverage or custodial care unless medical care is required.
3) Will I have to spend my life savings or family’s inheritance on long term care costs?
With a little pre-planning, we can typically help preserve your assets in a way that provides for you, your spouse, children and long term care. Some strategies also provide a way for you to utilize government benefits such as Medicaid. The important thing is to plan ahead.
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8562 Fort Smallwood Rd, Pasadena, MD 21122 (Main Office)
234 West Street, Annapolis, MD 21401
721 Main Street, Stevensville, MD 21666
1611 Rosemont Ave Suite 1, Frederick, MD 21702
410-255-0373 | FrameAndFrame.com
