Long Island elder law attorney Seth Schlessel (https://www.schlessellaw.com/how-to-create-a-long-term-care-plan-for-long-island-residents/) of Schlessel Law PLLC has recently published an in-depth article titled “How to Create a Long-Term Care Plan, for New York Residents”. The article provides valuable insights and guidance on preparing for long-term care, emphasizing the importance of early planning and exploring various care options available to New York residents.
“Over half of the elderly population will eventually require paid long-term care,” states Long Island elder law attorney Seth Schlessel. “A plan helps you communicate your wishes and needs to your loved ones, and gives you the opportunity to pre-vet care facilities and services.”
Long Island elder law attorney Seth Schlessel’s article offers a comprehensive overview of long-term care options, including nursing homes, in-home care, and informal caregiving. It also discusses the costs associated with each type of care and highlights the importance of considering payment options when creating a long-term care plan.
According to Schlessel, “the annual cost of nursing home care in New York is higher than $150,000 on average.” He further explains that Medicaid is the primary source of funding for New Yorkers in need of long-term care, with more than 70% of nursing home residents depending on the program to cover their care expenses.
The article also delves into the specifics of care planning and nursing home assessments, emphasizing the importance of active participation in the process. “Actively participating in the care planning process can help you ensure that your individual needs and preferences are considered, leading to a more effective and personalized care experience during your nursing home stay,” Schlessel advises.
In addition, the article outlines the various payment options for long-term care, such as Medicare, Medicaid, and private health insurance. It also suggests consulting an experienced New York elder law lawyer for guidance on the best payment option for individual circumstances.
“Long-term care planning can be daunting,” Schlessel acknowledges. “An experienced New York elder attorney can provide you with legal guidance about long-term care that is tailored to your specific circumstances.”
To help New York residents effectively plan for their long-term care, the article further suggests discussing essential components of a comprehensive care plan with an attorney. These components include a will, living trust, medical power of attorney, durable power of attorney, long-term care insurance, life insurance, and gathered assets.
For those ready to begin planning for their long-term care, Schlessel Law PLLC offers compassionate and knowledgeable legal representation in all aspects of elder law. Contact their offices to schedule a consultation and start planning for your future today.
About Schlessel Law, PLLC:
Schlessel Law, PLLC is a Long Island-based law firm dedicated to providing compassionate and comprehensive legal guidance to elders and their families. The firm’s experienced attorneys assist with estate planning, Medicaid retroactive coverage, guardianship matters, and more. With a focus on personalized service and a commitment to advocating for clients’ rights, Schlessel Law PLLC is a trusted resource for those seeking legal counsel in elder law.
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