Long-Term Care Planning: Thinking About The Future
People are living longer than ever before, which means more and more people must give serious consideration to long-term care planning. Basically, long-term care planning is designed to help you preserve your assets while still enabling you to receive the type of care that is needed as you age.
Carl Goode is an attorney and founder of the Goode Tax and Estate Planning Law Group, LLC, in Baton Rouge. He has extensive experience handling elder law issues, including those involving care planning. To schedule an initial consultation, call 225-230-9027.
Practical Advocacy For Avoiding Escalating Expenses
Skilled nursing care does not come cheap, and most people who require in-home care or those who are living in a nursing home can find their life’s savings exhausted within a year. Long-term care planning is designed to avoid this result by setting aside assets or placing assets in a trust to help you qualify for health care benefits.
The earlier you begin thinking about long-term care planning, the smoother this transition can be. However, if a loved one is in need of immediate assistance, attorney Goode can explore your asset preservation options and determine what is the best way to alleviate the financial burden of extended care.
Protect Your Assets – Contact A Board-Certified Estate Planning Specialist Today
Mr. Goode is recognized for his experience and commitment to the highest quality legal services by the Louisiana Board of Legal Specialization as a tax law specialist as well as an estate planning and administration specialist. He will put his extensive experience to work for you when it comes to all issues surrounding long-term care planning.