Alzheimer's disease causes dementia, and dementia can cause victims to lose their capacity to make sound decisions. People are living longer than ever, with the 10 year age group comprised of people between 85 and 94 years old growing faster than any other from the year 2000 to 2010 according to the United States Census Bureau. Once you reach the age of 85 Alzheimer's becomes a very real threat with upwards of 45% of the "oldest old" suffering from the disease according to the Alzheimer's … [Read more...]
Key Reasons Not to Wait to Make a Medicaid Plan
If you haven't already done so, you should contact our Overland Park Medicaid attorneys to help with the creation of your Medicaid plan well before you find yourself needing Medicaid to help pay for the costs of your healthcare. If you do not have a Medicaid plan, you are vulnerable to significant financial expense and could forfeit your opportunity to leave a legacy for your loved ones. You don't want to take this chance. Parman & Easterday can provide guidance on whether you need … [Read more...]
What Oklahoma City Medicaid Planning Attorneys Want You to Know
Oklahoma City Medicaid planning attorneys can help you create a plan to protect assets and ensure tou receive the care you need. Many people do not realize they should create a Medicaid plan now or they will wind up waiting too long to make a plan and end up losing the opportunity to protect their assets. Unfortunately, this mistake that can affect the legacy you are able to leave to loved ones. Parman & Easterday will make sure you have the right plans in place to protect the … [Read more...]
Why is Special Needs Planning Important to Ensure Continued Access to Medical Care?
Medicaid attorneys at Parman & Easterday can provide you with assistance if you are making plans to provide a financial gift to any person who is seriously disabled or who has special needs that require specialized care. If you are planning on giving a financial gift during your lifetime or as a part of your legacy, you need to work with an attorney first so your efforts to provide financial support do not backfire. Parman & Easterday is here to help you understand what the … [Read more...]
Will Medicare Cover All Your Healthcare Costs as a Senior?
Overland Park Medicaid attorneys at Parman & Easterday can provide you with assistance in making certain you are able to afford all your healthcare costs as you get older. Many people have misconceptions about Medicare coverage and believe Medicare will be sufficient to provide for their healthcare needs during their golden years. Unfortunately, this is often not the case. If you have not made plans to cover care costs that Medicare won't pay, you could find yourself in a dire … [Read more...]
What Does Skilled Nursing Care Mean And Why Does It Matter?
Our Oklahoma City Medicaid planning attorneys provide assistance with making a Medicaid plan so you can afford the costs of care you may need if you get sick or as you get older. It is very important to understand the rules for getting your care covered, as nursing home care or in-home care could cost thousands of dollars every single month. If you are not aware of the coverage rules, you could end up spending your entire life savings on nursing home care. Parman … [Read more...]
Senior Meal Programs Could Be Cut Due To Insufficient Funding
An Oklahoma City elder law attorney provides assistance to seniors to take advantage of helpful programs as they age. As seniors get older, many require more assistance with basic activities of daily living. Sometimes, the level of need becomes so great that a senior needs help in his home from a long term care professional or must move into assisted living or a nursing home. In many situations, however, senior meal programs, adult daycare and other community-based … [Read more...]
How Much Do Seniors Need To Have Saved For Medical Care?
An Oklahoma City Medicaid planning attorney can help you make plans to pay for your medical care. Covering the costs of care can be very difficult for seniors, especially if they have a lot of medical needs and must use many different healthcare services. Far too many people do not realize they need to be concerned about the costs of medical care because they incorrectly believe that Medicare will pick up the tab for all of their health services once they qualify for … [Read more...]
Estate Planning for Seniors in Oklahoma: Specific Issues
https://www.slideshare.net/ParmanLawOK/estate-planning-for-seniors-in-oklahoma-specific-issues-47290535 Estate Planning for Seniors in Oklahoma: Specific Issues from Larry Parman Incapacity plans are collections of tools you develop before losing capacity that will appoint representatives who will make choices for you. Learn more about Estate Planning for Seniors in Oklahoma in this presentation. … [Read more...]
Why Would I Need a Durable Power of Attorney?
When you feel perfectly capable of handling your own affairs it can be hard to wrap your head around the notion that you may become unable to make your own decisions at some point in time. However, incapacity is quite common among our nation's elders. One way to address this possibility would be through the creation of a durable power of attorney. Empowering an Agent When you create a power of attorney you are empowering an agent to act on your behalf. In the legal field, powers of … [Read more...]
