Protect Your Loved Ones’ Assets by Consulting with Our Greensburg and Murrysville Estate Planning Attorneys
Helping people preserve wealth for the future
As life progresses, you may be thinking about the loved ones you will leave behind. By planning for the future with our estate planning attorneys, your assets can be well protected for future generations. With over 50 years of combined experience in trust and estates, our estate planning attorneys understand the costs of elder and end-of-life care and complex Medicaid regulations. To avoid having the bulk of your assets consumed by medical and elder care expenses requires a full and complete consultation with our Greensburg and Murrysville attorneys at Long & Long, LLC. We help our clients understand the issues they must address to preserve their assets and aid families who are struggling with an elderly loved one’s affairs.
Why estate planning is important for preserving wealth
A market survey conducted in 2011 by the MetLife Mature Market Institute found that the average cost of long-term care in a nursing home exceeded $87,000 per year for a private room and more than $78,000 per year for a semi-private room. Other elder care services such as assisted living and home care also carried substantial costs. The coverage Medicare offers for these services is limited. Medicaid does not become a factor until your resources are nearly depleted. For this reason, it is very easy for you or your loved one’s life savings to be fully consumed in a short amount of time. Experienced estate and trusts attorneys in Murrysville and Greensburg can help you understand your options for avoiding or minimizing this problem.
How Greensburg and Murrysville elder planning attorneys can help
Our experienced estate planning attorneys in Murrysville can offer advice on how you can qualify for Medicaid earlier as well as how you can disperse your assets to your loved ones during life to avoid losing them to elder care costs. This type of early estate planning is beyond what a wills attorney would usually offer. Additionally, our Greensburg estate planning attorneys can explain how using a power of attorney can help ensure your affairs are not mismanaged should you become incapacitated.
If you are the caretaker of an aging loved one or hold power of attorney for an incapacitated loved one, our Murrysville estate planning attorneys can help you understand your options for managing and conserving the estate’s assets. At Long & Long, LLC, while we do not practice elder law, we understand end-of-life planning and how it should be handled. That is why our attorneys take the time to answer any estate planning FAQs our clients may have.
Contact a Greensburg and Murrysville Medicaid and Medicare planning attorney today
Our attorneys at Long & Long, LLC believe that knowledge and understanding is the key to helping our clients in Murrysville and Greensburg make good estate planning decisions. Call our office today at 855-805-2683 or contact us online to set up a free consultation. We also hold open office hours twice each week.