Long Term Care Planning

We advise clients and their families planning for long term care needs. We offer clients options for planning and protecting a spouse and/or children to preserve wealth when a family member faces a nursing home admission. When appropriate, we connect clients with other professionals to purchase an annuity, file a Medicaid application, and/or pursue a Medicaid appeal. Our goal is to help clients maintain the best quality of life. In doing so, we provide personalized and thoughtful guidance to assist clients facing a financially and emotionally difficult life transition.

Recent engagements include:

• Advising a couple about purchasing long term care insurance policies to minimize the financial impact of future nursing home care and to preserve wealth for children.
• Advising the children of an elderly client about the most advantageous way to use assets in an irrevocable trust to provide care for their mother.
• Advising an elderly man about alternatives to traditional nursing home care for his wife.
• Advising a couple about their options for funding long term care, and the advantages and disadvantages of irrevocable trusts.