Long Term Care Planning
long term care planning in florida
Planning for the possibility of long-term care gives you time to learn about services available in your community and what they cost. It also allows you to make important decisions while you are still able. Speaking with qualified long-term care attorneys can help you answer the questions your family may have once long-term care is needed. It’s important to speak with a long-term care lawyer in Sarasota, Bradenton, or Lakewood Ranch especially if your family is not local to the area.
Individuals with Alzheimer’s disease or other cognitive impairments should begin planning for long-term care as soon as possible.
Long-term care planning requires taking several factors into consideration:
- Where are you going to age? At home? At a retirement facility?
- How much does each option cost? Do you have the financial resources to pay for the different options?
- How do you pay for each option? Each option potentially utilizes a variety of payment sources such as personal funds, pensions, income from stocks, government health insurance programs, private financing such as long-term care insurance, Veterans Benefits, etc. It is advantageous to find out what payment parameters are available as you contemplate long-term care.