Long-Term Care Insurance Leveraging
Private Pay Planning Strategies
At the Family First Firm, we have dedicated ourselves to protecting seniors and preserving their legacies. We can help you:
Our team prides itself on working to protect our clients’ quality of life, independence, and peace of mind. We assist our clients in taking proactive measures to avoid challenging financial complications that long-term care and unexpected medical expenses can present.
There are two categories of Medicaid Planning. They are crisis planning and pre‐need planning.
This is for people facing an imminent need for long‐term care, whether it be Alzheimer’s, nursing home, or other care. Because of the intensive nature of legal work involved, this type of planning tends to be more expensive than pre‐need planning.
The best way to plan for long‐term care is to do so well before the need arises. Beginning early enough allows you to take advantage of the five-year look‐back period, among other benefits.
A semi-private room for skilled nursing care costs an average of over $100,000 per year.
1 in 3 Adults in the United States will be diagnosed with some form of Alzheimer’s..
1 in 5 Adults in the United States currently has assumed the role of an unpaid caregiver, and often, the caregiver passes before the person for whom he/she is caring. So preserving your assets is not just necessary for providing care for yourself but is crucial in protecting the health and well-being of your spouse or the family member caring for you.
Life planning encompasses many aspects of one’s life as one moves into the “2nd half” of their lifetime. Much of the focus ends up being financial and healthcare-related. It includes Medicaid eligibility and planning, Alzheimer’s / dementia, in-home care, nursing or assisted living homes, and other long-term care. For business owners, it typically includes a plan for whether the business will be passed on to the next generation or sold. Those with significant assets can plan to avoid or minimize estate taxes while protecting their assets through the right trust(s).
Medicaid offers more comprehensive long‐term care coverage than the Medicare program, and because long‐term care costs are so high, many middle-class seniors rely on Medicaid to pay for their care. A common misconception about Medicaid is that you must impoverish yourself and your family entirely before qualifying for long‐term care coverage. This is simply not true.
“I will recommend this firm to all my friends and clients,” “Family First Firm is top notch!,” “every single staff member is brilliant, kind, and caring,” “Geoff Hoatson is the real deal and treats his clients and colleagues with professionalism and compassion,” “The firm fosters a culture of respect and diligence combined with a fun and pleasant environment,” “extremely helpful and made a number of highly useful suggestions,” “I would absolutely refer my friends to this firm in the future,” “Family First has been my go to for any matters outside my scope of practice specifically elder law affairs,” “I’ve heard nothing but positive feedback from their experience with their services,” “Family First is dependable, responsive, professional and always willing to help even with the most complex cases,” “Family First is an Elder Law Firm we without any hesitation can certainly trust and refer our residents and family members,” “They, at all times, provide everlasting support to our Nursing Home Residents in an always understanding and supportive charisma,” “This group has been such a blessing to our family,” “very professional, knowledgeable, honest and above all caring throughout our journey,” “If you need assistance with Medicaid, call immediately,” “Family First Firm is THE BEST at Medicaid qualification, guardianship and all estate or financial planning for seniors!,” “I cannot praise them enough for what they do,” “professional, passionate, compassionate and knowledgeable,” “a great team of folks that really go above and beyond for their clients,” “Family First Firm and everyone who works there are totally outstanding,”
If these things are what you are looking for in a law firm, then contact us to see how we can help you and your family.
We help families locally within or near the Orange County Area.
Locally we serve Orlando, Winter Park, Altamonte Springs, Maitland, Longwood, Apopka, Lake Mary, Clermont, Deland, Kissimmee, Windermere, Oviedo, Winter Springs, Groveland, Casselberry, Celebration, Lake Nona and many other locations.
We welcome your questions and want to understand your situation to help you move forward and achieve the peace of mind that comes with everything done properly and efficiently. Don’t let everything you’ve worked for just slip away due to a lack of proper planning. Invest the time now to learn your options by speaking with us and making the choices that best protect your legacy and wishes. Call us for one-on-one assistance at (407) 574-8125 with your questions, a description of your situation, or to schedule a consultation. You may also simply fill out the form above on this page. Your form will be directly emailed to our office. You can expect a reply within 1 business day and often within hours the same day. All information is confidential.
715 Douglas Ave Suite# 40,
Altamonte Springs, FL 32714
The information you obtain at this site is not, nor is it intended to be, legal advice.
You should consult an attorney for advice regarding your individual situation. Contacting us does not create an attorney-client relationship