Elder law is any legal practice or action having to do with the aging population.
It’s no secret that thousands of Americans reach retirement age every single day. At the same time, the growing number of elderly Americans have brought a true need for more attorneys who practice in this area of the law.
This exploding population has special and specific legal needs, including the creation of wills and trusts, powers of attorney documents, and even legal guardianships.
At Pierce Legal Group, we can help guide and support seniors (and their families) and their specific needs. Contact us today to tailor a plan to your needs and establish peace of mind.
At an average cost of over $6,000 per month, long-term care can exhaust all of your assets in a very short time.
In order to be eligible for Medicaid, an individual can only retain assets in the amount of approximately $2,000. The assets must be properly spent down in order to be approved and reduce the risk of receiving a penalty. Navigating the complicated process of properly spending down assets and gathering the necessary documentation can be overwhelming.
The good news is that assets can be protected if you or your loved one needs to be moved to a nursing home. Call us today to find out how you can protect and preserve.