There are many dimensions to the conversation you need to have with your loved ones in regards to money and legal matters. CSS will help connect you to professionals that can assist with organizing their legal documents and ensuring a sound financial plan for care.
The specialty of “elder law” evolved as it became increasingly clear that the complicated legal issues confronting seniors – in particular qualifying for Medicaid coverage of long-term care – were beyond the expertise of general-practice attorneys.
Elder law or elder care attorneys typically help families:
Too often seniors are victims of financial abuse. Many have accumulated savings over their lifetimes and often own homes with positive equity. They can become attractive targets for scam artists – including family members and financial professionals – intent on conning them out of their wealth. CSS will connect you with professionals and resources to help protect them from potential financial abuse.
The Veteran’s Aid and Attendance Pension provides benefits to Veterans and their spouses to help pay for costs of care – both In-Home care and Senior Housing. Our Advisors at CSS can help you to determine eligibility and guide you through the application process.
Planning well in advance of the end of your loved one’s life can help safeguard their well-being and your peace of mind. That planning starts with an incredibly important conversation about death and dying, as difficult as it may be.
The person you are caring for most likely has strong preferences and opinions about their final days and it is imperative that you learn them. Start the conversation by expressing how much you share their desire to stay as independent as possible for as long as possible, and to have their wishes followed after they pass away.
Our advisors will provide you with tools and resources to assist you with the difficult conversations you will need to facilitate with your loved ones.
When you are ready, we can connect you with professionals who will help you to carry through with their wishes.
Long term care costs can easily drain one’s finances. Many Americans become impoverished after just one year of care costs. Long term care isn’t typically covered by private medical insurance and major medical insurance plans. Medicare only pays for skilled and rehabilitative care after a three-day hospital stay and is only covered for a short amount of time. Medicaid only covers nursing home bills after a loved one is bereft of assets. Is it too late to consider Long Term Care Insurance for my aging loved one? Let us connect you with professionals in the field who can help you understand the options available.
A Reverse Mortgage is a type of loan for homeowners over the age of 62 that turns the equity saved up in a home into cash. When someone secures a Reverse Mortgage, they are able to use the money from their home equity while living in and retaining ownership of the home.
Common uses of reverse mortgage benefits include:
Let us help you understand whether a reverse mortgage will work for you. We can provide resources and connect you with professionals that will explain the benefits and downsides of Reverse Mortgages.