Rice and Rice

Long-Term Care Planning

Long-Term Care Planning

Long-Term Care drives financial and estate planning for many Americans for decades before it becomes a reality, if it even becomes a reality. The fear of the “Medicaid-controlled” spend-down causes concern and sleepless nights for people with small and large estates.

There are a number of planning strategies, including legal planning, to allow for tools to be in place to protect assets and liquid reserves. It also provides powers to move, manage, and take care of the person and the assets.
Some of the vehicles used include:

You have specific needs to address your circumstances. Wills, powers of attorney, trusts, and other documents may be part of your estate plan. The best way to start, in order to better understand what you need to protect yourself, your family, and the things you own, is to talk with an experienced professional about your goals and your concerns. We invite you to contact our office to set up a time to meet for an initial consultation. The initial, thirty minute consultation is complimentary and can be a great way to get started in the process of building a plan to meet your specific situation.

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