If you have a developmentally disabled child or sibling, you probably provide quite a bit of support to help them live a healthy, fulfilling life. It may not be pleasant to think about, but you need to plan for a future where they still require services but you are not there to take care of them.
New York residents who own their own homes may plan to stay in their residences for as long as possible before making the decision to move into a nursing home or other assisted living facility. It can be difficult to uproot one's life and move to a strange new place, as a person must leave behind the home and memories on which they have built their life. For that reason, it is good for individuals to begin planning for their long-term care long before it becomes necessary.
Too many people have a negative reaction to the idea of power of attorney documents. While it is true that predatory individuals can, theoretically, use a power of attorney as a means to gain control over or manipulate someone else, in reality, these documents primarily serve the critical purpose of protecting people who experienced severe medical events.
Deciding that it is time to move an aging loved one into a nursing home is never easy. There can be a lot of guilt that comes with the realization that you can no longer provide all the care your family member needs. You will likely also be concerned about their quality of life or standard of living when they live with strangers and not with your family.
The United States of America has a social and financial safety net designed to protect individuals who need medical care, as well as those dealing with disabling illnesses and injuries. Among the programs intended to help those dealing with medical or economic hardship, government health care policies are some of the most commonly utilized.
Long-term care can be ridiculously expensive. Nursing home facilities cost thousands of dollars a month, potentially more depending on the needs of the resident. Even the most wealthy individuals may struggle to cover that degree of expense at a time in their life when they no longer have a steady stream of income.
Thanks in large part to advances in science and the benefits of modern medicine, Americans are living longer lives than they have in generations past. While these extra years can be wonderful for lengthening the time that grandparents have with their grandkids and allowing seniors to try new experiences and adventures, it also means that more and more adults are living to ages where they cannot take care of themselves.
Many New York residents feel the most comfortable when they are in their own homes. Though they may enjoy traveling to see new places, visit friends and family and experience new cultures, many reach the ends of their excursions with a longing to be in their own spaces. Out of a similar desire to be comfortable and confident in one's surroundings, nursing home residents may also desire to stay in their houses rather than move into new residential communities.
Most New Yorkers are familiar with some of the most basic estate planning tools. They may know that wills are important because they give information on how decedents want their assets distributed. They may also be familiar with trusts as devices that may protect decedents' wealth and help facilitate the transfer of assets to their loved ones. They may not know, though, of the importance of powers of attorney to their long-term care planning needs.
Long-term care often centers around nursing homes. They offer a lot of assistance for an aging loved one, giving the family peace of mind. It's often not realistic to assume that the family can offer this type of intensive care on their own, and the nursing home makes sure that the person is properly watched by professionals who understand elderly needs, degenerative brain diseases, medication distribution tactics and much more.