Sikov and Love, P.A.
Call To Speak With An Experienced Attorney
Comprehensive Elder Law Services Addressing
a Full Range of Legal Issues

Long Term Care Planning Archives

Millennials face brunt of long-term care costs

Why is long-term care planning needed?  Millennials taking care of their parents may think they are the only ones trudging across the city to check on their parents or moving across the country to live near family members who need them, so it might come as a surprise for Pennsylvania residents to hear that the AARP estimates that nearly 10 million millennials are acting as caregivers for an elderly loved one. It is estimated that more will soon step into this role.

What are the chances of needing a nursing home in old age?

Why is Long Term Care Planning important? As difficult as it may be to accept, there is a very real probability that many Pennsylvania residents, like their elderly counterparts across the country, will need to spend some time in a nursing home. About 14% of all people over the age of 64 have at least two chronic conditions that prevent them from living on their own. Five percent of people over the age of 65 will live in a nursing home or assisted living, and 25 percent of them will at least spend some time in a facility. Over the age of 65, the chances of staying in a nursing home increase 1.4% annually. Fifty percent of those above the age of 94 will be living in a nursing home.

Surprising facts about long-term care planning

Do you need to consider long-term care planning for yourself or your parents? According to a new study, there is a wide disconnect between how many people think they will need long term care versus how many will actually need it. As of now, only 46 percent of people across the country think they will need some form of care, whereas the actual percentage needing it is around 70 percent. Additionally, people mistakenly believe they won't need any care until they are 79, but the reality is that they will more likely be 73. This means that even those who think they might need care are not adequately prepared when the time comes.

Does Pennsylvania have filial support laws?

Depending on one's state of residence, children may be financially liable for their parents' long-term care bills. Known as filial responsibility laws, these laws state that children can be held legally responsible for long-term care expenses if their parents are indigent and unable to pay for care. Though there are only 30 states in the country with laws like this on the books, Pennsylvania is one of them. A case a few years ago enforced the filial support laws and found the defendant son was liable for his mother's care to the tune of $93,000.

What to look for when choosing a nursing home

With long term care planning, it is never easy to face the fact that a parent may need extra care to live. A frightening number of neglect and abuse cases surface each year; you want to know that your loved one is in a safe place, which is why it is critical to visit potential nursing homes with your parent when considering this step.

What are your options for paying for long term care?

Should you consider long term care planning? Although no one can see the future, we can all plan for any number of eventualities. For many people, planning for the "what ifs" is a crucial part of estate planning, and involves considering how to pay for long term care. So, what are some considerations for Pennsylvania residents who want to make sure that they account for long term care?

The best tools to use for long term care planning

Long term care planning, which may be included by Pennsylvania residents as part of their estate plans, has several factors to consider. First, there is the cost of care, which can be significant. Second, there is the consideration of how long the care might be needed. Lastly, there is the mechanism by which the funds for long term care will be available.

Facing the facts with long term care planning

When most people think about starting an estate plan, they may make the mistake of thinking that the plan will only address what happens to their assets after they die. But, the reality is that comprehensive estate plans can take into account a wide variety of potential eventualities. Long term care planning, for instance, can be a crucial part of an estate plan.

Talking to elderly parents about their long-term care planning

When most people think about estate planning and covering costs for long-term care, they probably think just about themselves. But, the reality is that many people will need to have these discussions with their parents as well, particularly when those parents are getting older. Unfortunately, some people may shy away from these discussions because they find the topics uncomfortable.

Tell Us About Your Case

Tell Us About Your Case

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

Office Location:

Sikov and Love, P.A.
428 Forbes Avenue, Suite 1400
Pittsburgh, PA 15219

Toll Free: 877-897-8025
Phone: 412-567-1236
Fax: 412-261-1455
Map & Directions

Phone Number: