What You and Your Family Should Know About Long-Term Care Planning
As seniors continue to age, they are faced with numerous health issues. Sadly, they aren’t always able to continue living independently. Consequently, they may need round the clock care as their health declines. This is why many elderly people move in with their families or move to assisted living facilities or nursing homes in order to get the care they need.
The decline in health can come on suddenly and happen without warning, or it may be a gradual decline throughout the years. While many families start out helping their aging loved one by shopping for them, cooking for them, and taking them to doctor’s appointments, the time needed to care for their loved one gradually increases until a family can no longer properly care for their elderly relative. This is why the elderly and their loved ones need to give some careful thought to long-term care planning before an aging senior’s health rapidly declines.
In light of October being Long-Term Care Planning month, it is beneficial to sit down and talk with your aging loved ones about their long-term care wants and needs and just how realistic their wants are. For example, it will probably be a necessity that an elderly person will reside in a nursing home or assisted living facility if they can no longer eat, bathe, or go to the bathroom alone. This is why approximately 15 million people over the age of 65 in this nation have in home care services or live at assisted living or nursing care facilities.
Unfortunately, lack of planning for long-term care needs often leaves families in crisis. This is because nursing homes are very expensive. For this reason, it is a good idea to talk with elderly loved ones – before their health declines – about the different options that can help them financially plan for their long-term care needs, such as: long-term care insurance, VA benefits, savings plans, Medicare, or Medicaid.
As a nursing home neglect and abuse attorney, quality care for life is extremely important to us here at the Law Offices of David Benenfeld. Please feel free to share this blog on your favorite social media site so those you know can start planning.