For many people, getting old may provide a sense of accomplishment, contentment, and joy in living a long and fulfilled life. However, with the increased aging population and many medical and financial aspects that require careful consideration, it can be overwhelming to navigate the challenges of old age.
Thankfully, there is a specialized field of law known as elder law that addresses the diverse needs of older adults. Elderly law attorneys, caregiving services, and financial and medical experts can help you maneuver the complex aspects of aging, caregiving, and long-term care.
What Is Elder Law?
Elder law is a legal practice focused on legal issues affecting senior citizens. It covers various topics, from planning for caregiving and retirement to long-term care and providing legal protections for older adults during estate planning or guardianship proceedings.
You should create a detailed plan that outlines the current and future potential care needs and requirements and how to fund them. Discuss your preferred care setting, family structure, and available resources during the planning process.
Depending on your family dynamics, you can rely on your family members to execute minor assistance duties. Older individuals without a family or with more severe health issues may need to consider a community-based care facility.
Long-term Care Options
One of the most common long-term care options is in-home care for those who prefer to stay home. You can also opt to relocate to an adult foster home or a nursing home that provides round-the-clock medical supervision and personal assistance with daily activities, such as eating, bathing, and dressing.
Another option is assisted living facilities that provide a combination of services, including medical care and daily activities.
Paying For Long-Term Care
You can work with an elder law attorney to plan how to meet the skyrocketing caregiving costs. It is also essential to consult with a financial expert who understands elder law to assist you in planning how to pay for care expenses.
Medicaid has programs for eligible members that can help fund long-term care. Your attorney can help determine if you qualify for this plan and assist with the application process. Other options include taking long-term care and life insurance policies or paying privately for long-term care facilities.
Contact an Indiana Elder Law Attorney Today
Elder law involves some of the most complex legal decisions you can make. The legal team at Applegate & Dillman Elder Law is ready to provide the guidance you need and help you hire the right medical professionals and financial planners.