League City Elder Lawyer
Elder Care Planning for You & Your Loved Ones in Texas
Caring for the elderly is often more complicated than it needs to be. Medicaid laws, for example, are constantly evolving and changing, and knowing what is current takes a careful study of the law. At The McNair Law Group, PLLC, we make caring for you and your loved ones a priority, by helping protect your assets, providing for the long-term health care of you and your loved ones, and managing your wishes and best interests.
Reach out to our elder law firm in League City, TX at (281) 784-3340 to learn more about how we can help you.
How Can Elder Care Planning Help Me?
Having a plan in place can help you and your family in a variety of ways. Whether you are thinking about the potential for long-term care, or if you are afraid of the potential costs wiping out your hard-earned assets, our elder lawyer at The McNair Law Group can help.
We provide assistance for all of the following, and more:
We also offer our estate planning services to help ensure your wishes are followed for your assets.
Your Rights as an Elderly Person in Texas
TheTexas Human Resources Code Section 102.003 defines a senior citizen as anyone older than 60 years. This section also lays out specific of these elderly persons. Understanding these rights is key to understanding the importance of elder care planning, financial planning, and advocating for your needs.
Under Texas law, elderly citizens have the right to:
- Exercise their civil rights
- Make their own choices and be treated with dignity and respect
- Designate a guardian or representative
- Manage their finances
- Access and confidentiality of records
- Obtain information and choice regarding their medical conditions and care options as well as available benefits
- Keep their possessions
- Make legal decisions and documents, including a living will or a power of attorney
These rights come into play with specific legal issues regarding long-term care. For example, elderly persons have the right to choose and retain a personal physician, participate in an individual care plan, or refuse medical treatment when advised of the consequences of this refusal.
Understanding Medicaid Myths & Strategies
Many people wrongly believe that nothing can protect your assets from the costs of long-term care, assisted living, or nursing home care. Many believe that seeking such care can bankrupt an individual. The truth is, you can protect your assets by finding an elder law attorney to help you put a carefully calculated plan in place.
Even with the passing of the Deficit Reduction Act, which increases some restrictions on asset protection strategies, there are always options. These include:
- Putting your assets into an irrevocable living trust
- Gifting assets to trusted family members
- Financial assistance for spouses of an individual requiring long-term care
- Making certain Medicaid payments
Act Now to Protect Your Assets
Studies show that people have a 40% chance of needing long-term care at least once in their lifetime. Without a plan in place, this can greatly diminish your legacy and the assets you leave for your loved ones.
Contact Our Elder Law Attorneys in League City
Our experienced elder care lawyers near you can help you learn about these options and more. We can work with you to find the best way to utilize Medicaid and other options to fund your long-term care.
Let a League City elder lawyer at The McNair Law Group, PLLC assist you. Call(281) 784-3340 or contact us online today to get started.