Elder law encompasses a wide range of legal disciplines, including long-term care planning, estate planning, veterans benefits planning, and more. We strive to help seniors protect their assets against the high cost of long-term care and remain independent for as long as possible.
If you have spent any time looking into long-term care costs, you are probably shocked. Nursing home care already averages $6,000 a month in Washington and continues to climb. An assisted living facility is almost as expensive, and adequate in-home care can be hard to find and quite costly. The sad reality is that two-thirds of families lose all their life savings within one year of moving into a nursing home.
Does this mean you are destined to go broke if you need long-term care? Absolutely not. We can design a plan capable of preserving your assets and maintaining control of your personal and financial affairs in the event of disability. The tools we can use to accomplish this include promissory notes, life estates, annuities, and trusts. We can also help you obtain government assistance to help offset the costs of long-term care.