Paying For Care

Paying & Planning For Assisted Living

Options to explore to help pay for assisted living both in a community and or in your home as well as
other financial aspects to take into account.
​
Assisted living rates will vary from state to state and typically ranges from $2,000 to $7,000 per month.
The first questions most often asked is will Medicare pay for assisted living. The answer is no.

Let us help you build a plan to pay for assisted living!

Medicaid / ALTCS

If your loved one has limited funds, typically $2000 per month income and $2000 in assets, not including your home or car, Medicaid may be an option. 

 

Veterans Aid and Attendance

Aid and Attendance is a benefit for Veterans and their spouses to help pay for assisted living. There are several requirements to be eligible for this benefit. ​The benefit can provide up to $1,758 per month to a veteran, $1,130 per month to a surviving spouse, or $2,085 per month to a couple.

Insurance

Insurance provides more options to paying for Long-Term Care. Depending on the policy, the premiums might be able to stop at time of need, the accumulated value saved up inside policies, riders attached to policies and death benefits can be accessed early in some cases. 

Elder Law

Legal issues that affect people as they age are growing in number. Our laws and regulations are becoming more complex, and each state has different laws. Actions taken with regard to a single matter may have unintended legal effects.

Estate Planning

Estate planning is making a plan in advance and naming whom you want to receive the things you own after you die. However, good estate planning is much more than that, and should be seriously considered to protect what you have worked so hard for.

Retirement Planning

The earlier a person begins to actively and consistently save and invest for retirement, the more funds he or she will be able to accumulate. Retirement is seen as a gradual transition from one life stage to another.
​
For Help or Information Please Call 480-795-7776
​Email: AmericasTopALR@gmail.com
​Fax: 480-795-7717

Comments

Post a Comment

Popular posts from this blog

In Home Care

Image
In Home Care What are In-Home Care Agencies? In-home care agencies are among the most requested agencies in our society today. Over the last decade the emergence of in-home care has created a new service industry meeting an ever growing demand. In-home care refers to services that help elder/seniors stay in their home if they have a short or long term disability, need help to recuperate from a surgery, injury, and chronic illness or have difficulty caring for themselves simply due to the aging process. In-home care agencies render a range of medical care needs, companionship, supervision and personal care services in the comfort and convenience of a person's own home. This eliminates the need for elder/seniors to move into a facility. In-home care from a professional is appropriate whenever a person prefers to stay at home but needs ongoing care that cannot easily or effectively be provided solely by family and friends. Call us...
Read more

Medicare Insurance

Image
Medicare Insurance If it’s time for you to start making your decision about Medicare, there is a lot of information out there you can get lost in. There are some options available to you that can meet your coverage needs. Below is some basic information on your Medicare options. ​ Medicare Medicare is available to those who are 65 years of age and have paid into the system for at least 30 quarters through taxes.  It is also available to those who are on Social Security,  If you are Under 65 disabled or in the low income bracket you may also be able to qualify and enroll in Medicare without paying premiums.  Your open enrollment period will start 3 months before you turn 65. You have until you are 65 ½ to sign up to avoid late enrollment fees. To apply, you can contact Social Security to start the enrollment.          Click here to apply for medicare Medicare Part A Part A covers your...
Read more