Maryland Elder Law Attorney

happy-elder-coupleElder law encompasses a wide range of practice areas, including estate planning, long-term care planning, asset protection, and more. In general, however, elder law is concerned with ensuring that you are adequately prepared to deal with the medical, financial and legal challenges you will face as you grow older.

Why is it so important to adequately prepare for the high cost of long-term care? Consider these statistics:

  • Approximately one in two women and one in four men find themselves in nursing homes at some point in their lives
  • The cost of long-term care is expected to rise dramatically in the future
  • It has been estimated that two out of every three families run out of money within a single year upon entering a nursing home

With a properly designed elder law plan of your own, created and implemented by an attorney who focuses on this area of the law, you can protect your life savings against the cost of long-term care. And in the process, provide you and your family with the peace of mind that comes from having an effective plan in place for whatever the future holds.

Pre-Planning Elder Care

pre-planingPre-planning is for people who are currently healthy but want to ensure that they will be prepared for the extraordinary costs involved in obtaining long-term care if they do become incapacitated. We can design a plan that will allow you to protect your assets and manage your personal and financial affairs in the event you or your spouse become incapacitated. Tools that we can put to work on your behalf include long-term care insurance, promissory notes, life estates, annuities, trusts, and more. With a well-drafted and properly implemented plan in place, you won’t have to “spend down” all of your income or relinquish most or all of your assets to become eligible for Medicaid assistance, and still be sure you will be well cared for in the event of incapacity.

A Long-Term Care Crisis

crisisA long-term care crisis is a situation in which an individual has already been admitted to a nursing home—or will be placed in one very soon—and has been told that he or she possesses too many assets to qualify for Medicaid assistance. Unfortunately, the information provided by well-meaning friends, social workers, nursing home intake staff, and Medicaid workers is often flat-out wrong or outdated. Laws governing Medicaid eligibility are complicated and they change continuously. Even some attorneys may not understand them. At the Law Offices of Clifford M. Cohen, we do in order to serve the residents of Maryland and surrounding areas.

If you or a loved one is faced with a long-term care crisis, please contact us immediately. Our elder law attorneys can quickly determine if you are eligible for Medicaid assistance and, if so, help you obtain the financial support you need—even if you have been denied assistance in the past. Do not assume you are ineligible and do not give up. We are dedicated to helping seniors protect their life savings against the high cost of long-term care and are here to help you.