Planning for the possibility of assisted living and long-term care options ensures that your aging parents receive the support they need, while protecting their financial security and preserving family peace.
Over half of adults aged 65+ will need long-term care, yet most are financially unprepared. The Legacy Design Strategies elder law team can help you prepare with Medicaid planning, asset protection, and legal directives.
The ability to age in place — or live in your own home or community as you age — is based on health, home accessibility, social support, and financial considerations. Therefore, it’s important to carefully assess your unique situation and make informed decisions about aging in place or other housing options in Omaha, based on […]
Long-term care insurance helps cover costs of in-home care, assisted living and nursing homes. This protects your savings and secures your quality of life in your final years.
An elderly woman with dementia lives in squalor, lacking the family or money to get the help she needs. Avoid this by planning for long-term skilled nursing care sooner rather than later.
The McNair’s case highlights a growing need in estate planning and elder law centered on the lines families walk when a loved one’s health and cognition are failing, and the family disagrees on how to protect and assist them. Our blog examines cognitive decline and estate planning strategies that protect aging family members and avoid costly and stressful disputes.
Incapacity planning is a crucial aspect for Omaha residents of managing your estate and ensuring that your wishes are honored if you cannot make decisions for yourself. This article will examine the various components of incapacity planning, offering comprehensive advice for anyone looking to secure their future. What Is Incapacity Planning? Incapacity planning involves preparing […]
This article provides a guide into the critical distinctions between Medicaid planning and estate planning, two strategies that, while often intertwined, serve different purposes in the landscape of protecting one's assets and preparing for the expense of long-term care. Understanding these differences is not just beneficial—it's essential for anyone looking to protect their assets, ensure […]
With an estimated 70% of Americans needing long-term care after age 65, planning for long-term care is an integral part of an Omaha estate plan. It’s better to talk about long-term care and make a plan before the family is confronted with an emergency situation. Kiplinger’s article, “What Gen X Needs to Know About Their Aging […]
