League City Elder Law Attorney
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!
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 League City elder lawyer at The McNair Law Group, PLLC can help.
We provide assistance for all of the following, and more:
Medicaid Myths & Strategies
Many people wrongly believe that nothing can protect your assets from long-term care costs and that seeking long-term care can bankrupt an individual. The truth is, depending on your circumstances, you can protect your assets by having 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, and making certain Medicaid payments.
Your Rights as an Elderly Person in Texas
The Texas Human Resources Code Section 102.003 lists the specific rights of elderly persons, defined as anyone older than 60 years. Understanding these rights is key to understanding the importance of eldercare 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 scenarios 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.
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.
Let a League City elder lawyer at The McNair Law Group, PLLC assist you. Call (281) 784-3340 or contact us online today.