How to Avoid the Enormous Cost of Nursing Home Care

How to Avoid the Enormous Cost of Nursing Home Care

It’s the last thing you want to worry about when your spouse goes into a nursing home, but it’s often top of mind… Paying for your loved one’s care. High costs of nursing care have made planning a critically important issue for seniors and their families. Sadly, many are unprepared for the significant financial impact it places on their hard-earned savings.

Being Unprepared Can Cost a Ton!

Mindy Felinton of Felinton Elder Law & Estate Planning Centers says: “A family facing a monthly rate of $14,000 or more for the long-term care of a loved one can be financially devastated. Many people think they will spend every dime they have to pay for their spouse’s care, but with proper planning, money can be saved.”

Every family’s situation is different, but the need to prepare for the future is always the same. An individualized plan can protect and preserve the lifetime of savings you and your loved ones have worked so hard to accumulate. By not planning, you run the risk of spending your hard earned money when you may not need to.

How Mindy Felinton Can Help

With over 30 years of experience, Mindy Felinton can create a customized plan to fit you and your family, including aging, illness and incapacity, Estate Planning, Medicaid Planning, Veterans Benefits, Nursing Home Planning, and Asset Protection.

Felinton Elder Law & Estate Planning Centers is located in both Rockville, Maryland and South Florida. Mindy and her firm provide Medicaid Planning and Estate Planning services to families in Rockville, Maryland, Broward and Palm Beach Counties.

Give Mindy’s team a call at (301) 610-0055 or (561) 290-2179. Mindy has offices both in South Florida as well as in Rockville, Maryland.