Sikov and Love, P.A.
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February 2014 Archives

Long Term Care Planning

Long Term Care Planning usually involves the review of how to pay for long term care in the event of disability and/or incapacity, including a discussion of Medicaid or Medical Assistance. Why do this?  Well, the average cost of nursing home care in 2014 in Pennsylvania is $288.21 per day or over $8,700 per month or over $100,000 per year. Many families want to protect themselves and their assets.  Long Term Care Planning may involve an experienced elder law attorney, an accountant, a financial planner or a long term care insurance broker.

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