PAYING FOR LONG TERM CARE
Long Term Care
Paying for long term care is a huge issue for many families. Our population is aging, and long-term care is becoming a reality for many people. Senior citizens often grow frail, and require more assistance with their day-to-day activities. Sometimes the level of help required is more than their families can provide. When this happens, paying for long term care becomes an immediate concern.
Long-term care may be needed 24/7 for months or years. In-home nursing care, residence at an assisted living facility, and residential care offered in nursing homes are all considered long-term care. As you might expect, this type of care is expensive. In fact, nursing home care in the Anniston area can cost around $6,000 a month and more than $7,000 a month in Birmingham. In-home care and assisted living may be less expensive, but the cost becomes a burden for most families. Paying for
Chances are good that you or someone you love will eventually need long-term health care.
And paying for that care may take every asset you own.
That’s the bad news.
The good news?
There are ways to protect your property from the high cost of nursing home care. One of the best methods is through asset protection planning.
Asset Protection Planning
Don’t worry. Asset protection does not mean you will be hiding your assets or doing anything illegal.
It simply means we will use tried-and-true strategies for paying for your
Trusts, life insurance and annuities, and asset exemptions are only a few of the methods available to you.
Planning for Long-Term Care
Most people will have trouble paying for
Call us at 256-472-1900 or use our Contact Form to let us know you’re ready to start planning for
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818 Leighton Ave.
Anniston, AL 36207
2100 Southbridge Parkway; Suite 650
Birmingham, AL 35209
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