Long Term Care Planning

Why Create a Long-Term Care Plan?

As you age, your chance of requiring support increases. You become more susceptible to illnesses, injuries and accidents that change your home care needs. Early planning lets you choose the care services you will receive in the future. If something happens, you can rest assured you have control over your future. Your loved ones will also have more peace of mind because they know you will have the support you need.

Long-Term Care Planning Checklist

Creating a long-term care plan involves asking yourself questions about your future. Consider the following three factors when you make your strategy.

1. Healthcare

As your care needs change, you will need personal and medical support. Ask yourself:

• Who will handle my medical needs?
• If I need an in-home caregiver, what service will I use?
• What kinds of government support can I receive for my healthcare costs and services?

Answering these questions will ensure you get the care you want.

2. Housing

You will have multiple housing options when your care requirements increase. Consider these questions:

• Will I move in with my family? Does my family agree to take care of me?
• Do I want to join a retirement community? Which retirement community?
• Would I prefer a residential model like a continuing care retirement community or a nursing home?

Many senior communities allow you to make arrangements in advance. You can also make a plan to have a family caregiver

3. Finances

Your support and necessities will cost money. To determine how you will cover those expenses, ask questions such as:

• What sources of money can I use to cover my long-term care cost?
• How much of the expenses will my insurance cover?
• Do I need a financial professional’s help to plan my finances?

  Meyerson Law is here to help you with this planning process.  Give us a call to secure your future is in your hands. 678-892-5910