Incapacity & Long-Term Health Care Planning:
How to Successfully Navigate the Legal and Financial Challenges of
Incapacity (such as Dementia) and Long-Term Care for You or a Loved One
Whether you have an estate plan or not, the high costs of medical care can quickly pose a significant danger to you or a loved one’s assets. This is a very real concern as statistics show:
80%: the likelihood that a person age 65 will need nursing home, assisted living, home or community-care during their lifetime.
$37,200: the average cost per year of an assisted living facility in Oklahoma in 2018.
$63,875: the average cost per year of a private room nursing home in Oklahoma in 2018.
Very unfortunately it can happen in a snap – the savings account drained; stocks and bonds cashed in; the family home sold. Should this situation occur, you, your spouse, your parents or grandparents could become nearly broke, leaving you or them nothing to live on day to day, with your or your loved one’s life turned upside down.
Topics Include:
How You Should Analyze Your Long-Term Health Care Options.
The Three Most Common Pitfalls to Avoid.
How to Eliminate the Risk of Losing Valuable Medicaid Benefits and Overcome Government Roadblocks to Qualifying.
Provisions Every Estate Plan Must Have – AND MOST DON’T– to Protect Your or Your Loved One’s Assets in the Event of Illness, Incapacity (such as Dementia) or a Possible Nursing Home Stay.
Guarantee Your or Your Loved One’s Personal Care and Financial Affairs Are Managed As You Want Them To Be If You or a Family Member Becomes Legally Incapacitated.
Presented By: Author, Speaker and Attorney, Jerry Shiles, with the Estate Planning and Elder Law Firm of Parman & Easterday.
Who Should Attend This Program? Any parent, grandparent, spouse or adult child who is concerned about these issues for themselves or loved ones.