Durham Long-Term Care Planning Lawyer
Helping Families Care for Loved Ones
Long-term care planning is one of the most important things you can do for yourself and your family. Caregiving is a full-time job that can be financially and emotionally draining. Long-term care planning can help you protect your financial security and your loved ones' peace of mind.
Long-term care planning covers a lot of ground. It includes financial planning and legal planning, as well as end-of-life planning and caregiving planning. It's important to consider all of these aspects of caregiving and how they can impact your life.
Walker Lambe, PLLC provides comprehensive long-term care planning in Durham and the surrounding areas. Our team of North Carolina long-term care planning attorneys has over 50 years of combined experience helping families care for loved ones.
Financial Planning for Long-Term Care
Long-term care is expensive. Your care costs will increase as you age, and you may need to pay for care for several years. If you have long-term care insurance, you may be able to get some of your money back through benefits.
However, most people don't have long-term care insurance. You may not have been able to afford it, or you may not have thought about it when you were younger. Whatever the reason, you may need to rely on your savings to pay for long-term care. If you don't have a lot of money saved, you may have to rely on Medicaid or other government programs to pay for your care. The cost of these programs is much lower than private insurance, but they still take a big bite out of your savings. If you don't have much money saved, you may not be able to afford the care you need.
Financial planning for long-term care is all about making sure you have enough money to pay for care. You want to preserve your savings and make sure you can pay for care without sacrificing your financial security. Your long-term care planning attorney can help you find a financial strategy that works for you.
Legal Planning for Long-Term Care
Legal planning for long-term care is just as important as financial planning. It can help you protect your loved ones and your assets.
Legal planning for long-term care includes wills, trusts, and advance directives. Your long-term care planning attorney can help you create documents that help you care for yourself and your loved ones. An advance directive lets you specify what kind of medical treatment you want if you're unable to make decisions for yourself. A living will specifies the kind of life-extending medical treatment you want or don't want. A healthcare power of attorney lets you appoint someone to make medical decisions for you if you can't make them for yourself.
Legal planning for long-term care also includes advance health care directives. You can specify the kind of medical treatment you want if you're unable to make decisions for yourself. You can also appoint someone to make medical decisions for you if you can't make them for yourself. Your long-term care planning attorney can help you create documents that help you care for yourself and your loved ones.
Caregiving planning is an important part of long-term care planning. Caregiving is a full-time job, and it can be emotionally and physically draining. Caregiving planning can help you protect your health and your loved one's peace of mind.
Caregiving planning includes end-of-life planning, care planning, and respite planning. Your long-term care planning attorney can help you find a caregiving strategy that works for you.
- End-of-life planning helps you prepare for the end of your life and the end of your loved one's life. It includes advance directives, funeral plans, and more. Your long-term care planning attorney can help you make sure your loved ones have the information they need about your wishes for medical treatment and other end-of-life arrangements.
- Care planning helps you care for your loved one. It includes strategies for communication, medication management, and more. Your long-term care planning attorney can help you find a care strategy that works for you.
- Respite planning helps you take a break from caregiving. It includes strategies for finding respite care and more. Your long-term care planning attorney can help you find a respite strategy that works for you.
Call (919) 493-8411 today to get started on long-term care planning with our Durham estate planning attorneys.
We're here with you through the long haul. When life changes arise, we'll be here to help you navigate those changes wisely and effectively.
At Walker Lambe, we are not only passionate about law, we believe in building close, long lasting relationships with our clients.
We don't believe in a one-size-fits-all approach to your estate planning or business needs. We focus on understanding your situation in order to develop unique solutions to meet your goals.
Having served families and businesses in Durham for over 40 years, there isn't much we haven't seen.