Did you know there are financial assistance programs available to veterans who need assisted living care? Our veterans made numerous sacrifices to uphold the freedom we enjoy today while their families kept the home fires burning. They are entitled to many benefits in appreciation for all they endured for America.Veterans benefits for senior living are available for qualifying veterans and their surviving spouses, as long as the veteran served at least 90 days of active duty, including at least one day during a wartime period, and received an honorable or general discharge.Veterans Aid and Attendance for assisted living careOffered through the Department of Veterans Affairs, Aid and Attendance is a monthly pension benefit that can help cover the costs of assisted living care. It is available for wartime veterans and their spouses who have limited income and require the regular attendance of a caregiver.Aid and Attendance is designed for individuals who need assistance from another person to complete everyday activities such as bathing, dressing and assistance with other daily activities. A veterans need for this benefit does not need to be the result of their military service.Funds received from Aid and Attendance benefits can offer a monthly benefit to help pay for assisted living and long-term care for a qualifying veteran and their spouse. The actual monthly benefit is determined by the veterans assets, income and medical expenses and conditions.Contact your local county Veterans Services office with questions on how to apply by visiting www.benefits.va.gov/vso.MedicareMedicare will pay for short-term care at nursing and rehabilitation facilities for seniors who need these services after an illness or injury that requires hospitalization. Medicare does not cover the cost for assisted living, home care or other senior living services.Long-Term Care BenefitsThe Veterans Administration provides both short- and long-term care in skilled nursing settings for veterans who cannot care for themselves. This benefit does not cover assisted living or home care.Housebound BenefitsVeterans confined to their homes and requiring assisted living care may be best suited to receive Housebound benefits. This program provides an increased monthly pension amount for those confined to their home due to a permanent disability.Applying for BenefitsThe Veterans Administration has regional offices that provide Veteran Service Organization representatives who may be able to answer simple questions about assisted living benefits, as well as provide free, basic advice on the application process.Many veterans seeking advice on applying for assisted living benefits hire a qualified attorney accredited by the VA or an accredited claims agent, who has passed a written exam about VA laws and procedures.The application process for assisted living benefits is often very lengthy. It is important to be thorough when completing the application and have all required documentation gathered and ready to submit.There are additional financial options to pay for assisted living care for individuals who do not qualify for veterans benefit. Click to find out more about financial options for senior living.Country Meadows offers affordable assisted living or personal care on its nine campuses in Pennsylvania and one in Frederick, Maryland. Our friendly co-workers are always available to help! Contact us today for more information.
Medicaid is a government program that provides health coverage to individuals, and it is the leading payor of skilled nursing facility care in the United States due to the high cost of such care. Many people mistakenly believe that Medicaid is only for those with minimal resources, but an asset protection plan can help you protect your assets and still qualify for long-term Medicaid benefits.Asset protection planning uses exemptions that allow you to keep some of your assets. For example, in Pennsylvania, you are allowed to keep $45 of your income per month plus any amount you use to pay for health insurance; the rest of your income must be used to pay for your care. When applying for Medicaid, countable resources include assets such as real estate, cash, investment accounts, retirement accounts, life insurance with a face value greater than $1,500, vehicles, and any business interests. However, you can exempt the house you live in, one vehicle, and your spouse can retain their retirement accounts and anywhere between $29,724 and $148,620 of the joint assets, depending upon the total amount of your combined assets. Anything over this calculated amount of exemptions could be put into an asset protection trust and protected from skilled nursing facility costs.An asset protection plan will allow you to immediately protect a portion of your assets, in addition to the assets that are exempt from Medicaid, for significant immediate savings that begin the moment your plan is fully funded.An asset protection plan consists of an asset protection trust, in which you can control the assets, but cant have direct access to them. Giving up direct access to the assets in the trust keeps creditors and predators away. If you do need access to an asset in the trust, you always have the ability to make distributions to someone other than yourself.Asset protection plans not only protect your assets during life but also provide tremendous value for your loved ones when youre gone.Laws and statutes in the area of long-term care Medicaid are always changing, so its highly recommended to review your options with a local elder law/estate planning attorney. At Bellomo & Associates, we can help you learn more about asset protection plans and how they can benefit you and your family while protecting your legacy from the rapidly rising cost of long-term care. Dont wait lets get your estate plan in place!Are you ready to start protecting your assets and planning for long-term care? Contact Bellomo & Associates today to register for an educational workshop. We can help you create a customized asset protection plan and provide guidance on long-term care Medicaid eligibility and planning. Dont wait until its too latetake action now and secure your financial future.
Assisted Living Tours: Find the Right Fit for Your Loved OneBy: Country Meadows | Assisted LivingWe spend our entire lives raising families, managing households, working, balancing checkbooks and making countless decisions. As we age, these everyday duties can become more and more challenging. Making a well-informed and thoughtful choice about assisted living for yourself or a loved one is a significant decision that can impact overall well-being. Too often people wait until a crisis occurs, necessitating a quick decision when selecting senior living. Preparing for assisted living by researching options and taking assisted living tours allows individuals to thoughtfully select senior living accommodations.There are many reasons why visiting and taking assisted living tours in advance are important.Facility atmospherePaying visits and taking in-person assisted living tours allow you to see for yourself the overall atmosphere and ambience of the community. This includes noting cleanliness and the layout as well as the general feeling of the environment. This firsthand experience can provide insights into whether a community is a good fit for personal preferences and comfort.Staff interactionDuring assisted living tours, meeting staff members and interacting with current residents can provide valuable insights. Note the level of professionalism, friendliness and responsiveness of the staff while gauging the overall satisfaction and happiness of residents. Pay attention to staff achievements and organizational awards such as certifications in programs that recognize great places to work.Establishing relationships with co-workers and management during a visit provides customers with insights as to the teams willingness to communicate and work with residents and their families, fostering a sense of trust and confidence in the care to be provided.Services and amenitiesAssisted living communities offer various services and amenities. By visiting and taking assisted living tours, you can personally evaluate the quality and context of services offered, such as dining options, activities, care, transportation and other options. This helps ensure the facility meets specific needs and expectations.Care philosophyEvery assisted living community may have a unique approach to delivering care. By visiting and taking assisted living tours, you can ask thoughtful questions and gain a better understanding of the facilitys care philosophy to determine if it aligns with expectations.Safety and accessibilityTaking assisted living tours helps seniors assess safety and accessibility features in a community. This may include building layout, emergency response system options and general safety measures and policies. Understanding these aspects is vital for ensuring a secure living environment.Stress and anxietyKnowing and being familiar with potential living arrangements in advance reduces the stress and anxiety associated with making urgent decisions. Taking assisted living tours provides familiarity with the location and offers a sense of security during what can be a challenging time.Good fitUltimately, assisted living tours help prospective residents ensure the community is a good fit for individual wants and needs. Factors such as cultural compatibility, community engagement and overall feel of the environment is subjective and only can be assessed through direct experience.Time for questionsDuring assisted living tours, visitors have the chance to ask questions and seek clarification about various aspects of what everyday life will be like in the community. This helps individuals obtain detailed information about policies, costs and other factors that help customers make informed decisions.Plan for the futureVisiting and taking assisted living tours before a crisis allows individuals opportunities for better long-term planning. It provides the time to explore different options, compare facilities and make decisions based on careful consideration rather than under the pressure of urgent circumstances.Country Meadows