What is Elder Law and Why is it Important?
Elder Law encompasses all the areas of the law that affect the lives of older individuals and their loved ones. It includes planning and coordinating care as well as ensuring the ability to pay for that care.
It is very important that you seek professional counsel in regards to these arrangements, before it is too late.
The professionals at Kimmel Law are especially proficient in handling Elder Law issues, such as the following:
About 70% of people over age 65 will require some type of long-term care services during their lifetime, and nearly 1 in 7 over the age of 65 need in-home care today according to the Urban Institute. Costs of Nursing Home care can be upwards of $300 per day. Planning for where to attain that care and how to pay for it is essential.
If you are a veteran or a spouse or widow of a veteran you have the potential to qualify for VA benefits. These benefits can be paid in addition to monthly pension to eligible recipients. Eligibility includes any war-time veteran with 90 days active duty, 1 day active wartime, or to a surviving spouse of a war-time veteran.These benefits can be paid to eligible individuals to help pay for in home care, assisted living or skilled facilities.
A veteran may be eligible for housebound benefits in addition to monthly pension when the veteran has a single permanent disability evaluated as 100% disabling and he/she is permanently and substantially confined to his/her immediate premises.
Medicaid is a joint federal and state program, governed by each stateʼs unique regulations that keep changing. There is a 5 year (60 month) look back period where Medicaid looks to see if you have transferred any of your assets during that period. This is an area of Elder Law, that Kimmel Law is especially knowledgeable to address.
