Someone you know probably lives in a skilled nursing facility (also known as a nursing home) right now. The "Silver Tsunami" is growing, as the Greatest Generation and the Baby Boomers enter the twilight of their lives. Paying for long-term care and providing a comfortable standard of living are problems that keep adult children up at night. If you're facing this situation with your own parent or loved one, you are not alone!
Many don't realize that you can prepare financially for long-term care, avoid spending down the estate, and avoid a huge bill from the State, even after a large share of long-term care costs are paid by Medi-Cal (the California version of Medicaid, a federal program). Our firm has helped many families to plan for long-term care needs while preserving the estate in protected vehicles. There is a better way, and we can show you how!
Combining complex estate planning tools with a thorough understanding of all applicable regulations, our firm designs a tailored plan for your family. Through specialized trusts, asset allocation techniques, and gifting strategies, you can preserve Mom or Dad's assets while ensuring they get the care they need. All of these strategies are fully compliant with applicable laws. Your loved one can protect their hard-earned wealth. Contact us for more information about strategies such as intentionally defective grantor trusts, special needs trusts, gifting, and real property transfers consistent with the law and good practice.
All of our estate plans include complimentary notarization services. In addition, the initial consultation is free, and all estate planning services are provided on a flat-fee (not hourly) basis. We will provide you with a fee and cost quotation at the end of our initial consultation.
NOTE: Your personal, family, or business situation will affect your estate planning considerations. The list above is not exhaustive and should not be construed as legal advice. Please speak with a competent, licensed attorney for advice on how your estate plan should be structured.