“My loved one is in a nursing home, is it too late?” The simple answer is no, it is not too late! The only time it is too late is when there are no assets available or when all of the assets were previously gifted. If the family member in the nursing home still has assets, it is not too late.
The confusion in many of these cases arises because most individuals believe that because the nursing home didn’t mention that anything could be done, that means that nothing can be done. Unfortunately, it is not the nursing homes business office’s job to tell a family how to protect assets. It is their job to make sure that they provide great care for their residents and get paid for their services. To be completely honest, most of them do not even realize that anything can be done because when you look at the law on its face, it doesn’t really mention anything about it. You have to dig a bit deeper!
If you have a loved one that has entered a nursing home, please contact our office immediately so that you can watch our educational workshop and have a free consultation where we explain your options to you before you make any decisions. It is our job to protect you and your family and to protect as much as we possibly can for our clients. Allow us to do our job and allow the nursing homes to continue to do their job to provide care and get paid for their services.
Remember, it is not too late. If a loved one is already in a nursing home, please give us a call so you can attend our free workshop by registering here or call schedule 717-845-5390 and we’ll set you up with a free consultation.
I hope this message finds you in good health and high spirits. As your trusted elder law and estate planning advocate here at Bellomo & Associates, I am excited to share some insights into a topic close to my heart legacy planning. Life is a beautiful journey filled with moments that shape, define, and create the unique tapestry of our existence. For many of us, legacy planning can be both contemplative and uplifting. Its about weaving the threads of your life into a story that not only withstands the test of time but also serves as a guiding light for generations to come. Legacy isnt just about the assets you accumulate; its about the values you hold dear, the wisdom youve gained, and the love youve shared. As an elder law and estate planning attorney, my goal is to help you craft a legacy that echoes your unique narrative. Its about ensuring that your journey, struggles, and triumphs become a source of inspiration for those you cherish the most. Just as our lives evolve through different seasons, so should our estate plans. Whether you are an income-generating couple, a wise senior considering the next steps, or a young family dreaming of a secure future, your legacy plan should be a reflection of your current reality and your aspirations for the future. For those approaching the golden years, the prospect of skilled nursing facility care can be a daunting one. Our team is here to guide you through the intricacies of elder law with warmth and compassion. Its not just about protecting your assets; its about ensuring that you receive the care and respect you deserve. To the young families reading this, I understand the joy and responsibility that comes with building a family. Legacy planning is not just a matter of paperwork; its a promise to provide and protect. Lets work together to create a plan that safeguards your loved ones, ensuring their future is as bright as the love you share. I invite you to join me and our team at our next estate planning workshop. Its a space where like-minded individuals come together to learn, share, and ask questions. Estate planning is not just a legal process; its a collaborative journey, and were here to guide you every step of the way. Remember, your legacy is not just about what you leave behind; its about the impact you make today. Lets embark on this journey together, creating a legacy that stands as a testament to a life well-lived.To a future filled with purpose and legacy,Jeff Bellomo
As we age, managing our finances and personal affairs can become more challenging. Many older adults want to maintain their independence but also recognize they may need some help. This is where a durable power of attorney can be very useful.What is a Durable Power of Attorney?A durable power of attorney is a legal document that allows you to choose someone you trust to handle certain tasks for you. This person is called your "agent" or "attorney-in-fact." The word "durable" means that the document stays in effect even if you become unable to make decisions for yourself later on.How Can a Durable Power of Attorney Help?A durable power of attorney gives you flexibility. It allows you to get help with tasks when you need it, while still keeping control over your affairs. Here are some ways it can be helpful:Bill Paying: You can have your agent help pay your monthly bills, while you still manage other parts of your finances.Banking: Your agent can handle bank transactions for you if needed.Legal Matters: Your agent can sign legal documents on your behalf.Property Management: Your agent can help manage your property or real estate.Healthcare Decisions: If you have a healthcare power of attorney, your agent can make medical decisions for you if you're unable to do so.You Don't Lose ControlMany older adults worry that having a power of attorney means giving up control. This is not true. Here's what you need to know:You can still manage your own affairs as usual.You can still make your own decisions and handle your own finances.Your agent doesn't replace you - they just have the ability to help when needed.You decide what powers to give your agent. You can make it very limited or very broad.Flexibility for the FutureA durable power of attorney provides peace of mind. It ensures that someone you trust can step in to help if you ever need it. This can be especially important if:You become ill or hospitalizedYou have memory problems or confusionYou have physical limitations that make it hard to do certain tasksYou want to travel but need someone to handle things at homeChoosing Your AgentPicking the right person as your agent is very important. Here are some tips:Choose someone you trust completelyPick someone who is responsible and good with financial mattersConsider choosing an adult child, close relative, or trusted friendMake sure the person is willing to take on this responsibilityYou can name more than one agent if you wantSetting It UpTo create a durable power of attorney:Decide what powers you want to give your agentChoose your agent(s)Have a lawyer draft the document for youSign the document in front of a notary publicGive copies to your agent, doctor, and important family membersMaintaining Your IndependenceRemember, having a durable power of attorney doesn't mean you're giving up control. It's a tool that helps you maintain your independence by ensuring you have help available when you need it. You can still:Make your own decisionsManage your own moneyPay your own billsSign your own documentsYour agent only steps in when you ask them to or if you become unable to handle things yourself.Changing Your MindIf you ever change your mind, you can:Revoke (cancel) the power of attorney at any time, as long as you're mentally competentChange who you've named as your agentModify what powers you've given your agentPeace of MindHaving a durable power of attorney in place can provide great peace of mind. It ensures that:Someone you trust can help you if neededYour wishes will be followedYour affairs will be managed even if you can't do it yourselfYou have a plan in place for the futureGetting HelpIf you're interested in setting up a durable power of attorney:Talk to your family about your wishesConsult with an elder law attorneyDiscuss it with your doctorReach out to local senior services for guidanceRemember, a durable power of attorney is a powerful tool that can help you maintain control over your life as you age. It provides flexibility and security, allowing you to get help when you need it while still maintaining your independence.
Guardianships, also known as conservatorships in some jurisdictions, are legal arrangements established when an individual can no longer manage their own financial, personal, or medical affairs. This legal process involves petitioning the court to appoint a guardian or conservator to oversee the incapacitated person's wellbeing and assets.When is Guardianship Necessary?Guardianship may become necessary when an individual is unable to make sound decisions due to:Advanced dementia or Alzheimer's diseaseComa or persistent vegetative stateSevere brain injury or damageOther serious medical conditions affecting cognitive functionThe key factor is that the person lacks the capacity to manage their own affairs and make important life decisions.The Legal ProcessTo establish a guardianship, the following steps typically occur:A petition is filed with the court requesting guardianship.The court reviews evidence of the individual's incapacity, including:Medical records and evaluationsTestimony from doctors and other healthcare professionalsAssessments of the person's functional limitationsThe court determines if the individual meets the legal definition of incapacity.If incapacity is established, the court appoints a qualified guardian. This may be:A family member or friendA professional guardianA non-profit organizationA government agencyThe court specifies the scope of the guardianship, which may include:Guardian of the Estate (for financial matters)Guardian of the Person (for healthcare and personal decisions)Both financial and personal guardianshipDuties and Responsibilities of GuardiansOnce appointed, guardians have significant responsibilities, including:Making financial and/or healthcare decisions on behalf of the incapacitated personEnsuring the person's basic needs are met (housing, food, medical care, etc.)Managing assets and paying billsKeeping detailed records of all actions and transactionsSubmitting regular reports to the courtObtaining court approval for major decisions (e.g., selling property, changing living arrangements)Guardians must act in the best interests of the incapacitated person at all times. They are accountable to the court and must follow all requirements outlined in the guardianship order.Ongoing Court OversightThe court maintains supervision over guardianships to ensure proper care of the incapacitated person. This typically involves:Reviewing annual reports submitted by the guardianAppointing a court examiner to monitor the guardianshipAddressing any concerns raised about the guardian's performanceModifying or terminating the guardianship if circumstances changeAlternatives to GuardianshipBefore pursuing guardianship, less restrictive alternatives should be considered, such as:Power of attorneyHealthcare proxyLiving trustsRepresentative payee for government benefitsSupported decision-making arrangementsThese options may provide sufficient assistance while preserving more autonomy for the individual.Seeking Legal GuidanceNavigating the guardianship process can be complex. An experienced elder law attorney can provide valuable assistance by:Evaluating whether guardianship is necessaryExplaining legal options and alternativesPreparing and filing required court documentsRepresenting interested parties in guardianship hearingsAdvising appointed guardians on their duties and responsibilitiesWhile guardianship provides important protections for incapacitated individuals, it also involves a significant loss of rights and autonomy. Courts aim to balance the need for protection with preserving as much independence as possible. By understanding the guardianship process and available alternatives, families can make informed decisions to best support their loved ones who need assistance.Guardianship laws and procedures vary by state, so it's advisable to consult with a qualified local attorney for specific guidance. With proper legal counsel and court oversight, guardianship can provide vital support and protection for those who truly need it.
We Educate so what happened to the Bellomo Family doesn't happen to yours!Our firms mission is to ensure that you and your family never needlessly, painfully suffer. Every team member has a personal story that has brought us here to advocate for you and your family. We want to replace your burden with peace of mind. We have the answers, but more important, we have your back.Bellomo & Associates, LLC advises Individuals and families, business owners, senior citizens, and their families about the estate planning and elder law challenges facing them today. For seniors and their families facing the issues of aging, or for those of any age who wish to protect their familys financial future, we counsel clients and provide solutions on Asset Protection; Specials Needs Trusts; Wills; Trust Design; Medicaid; Estate Planning; Nursing Home Matters; and Estate Administration. For our clients who own businesses, our team assists them with succession planning for their business in conjunction with their estate planning. We have office locations in York, PA, and Lancaster, PA.We offer FREE workshops! Our workshops are fun and entertaining ways to learn! We provide you with the information to decide what is right for you. If after attending, you decide we arent the right fit no problem! Youll never feel any pressure from our team.