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Coral Gables Florida Estate Planning Law Firm

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  • Home
  • Our Firm
    • About Justin Stivers, Esq.
  • Services
    • Estate and Gift Tax Figures
    • Financial Planning Assistance
    • IRA Inheritance Planning
    • Medicaid And Elder Law Services
      • Guardianship for Young Children
      • Options for Paying for Nursing Home Care
    • Minor Children and Young Adult Planning
    • Outdated Estate Planning Documents
    • Pet Planning
    • Emergency Documents, Powers of Attorney, & Healthcare Documents
    • Remarriage & Blended Families Protection
    • SECURE Act
    • Special Needs Planning
    • Trust Administration and Probate
    • Wills and Trusts
  • Free Webinars
  • Resources
    • Relocating To Florida
    • Estate Planning Resources
      • Estate Planning Definitions
      • Is Your Estate Plan Outdated?
      • Reports
      • Top 10 Estate Planning Techniques
    • Elder Law Reports
    • Frequently Asked Questions
      • Estate Planning FAQs
      • Incapacity Planning FAQs
      • Probate & Trust Administration FAQs
    • Incapacity Planning
    • Pre-Consultation Form
  • Reviews
  • Blog
  • Contact Us

Options for Paying for Nursing Home Care

  • Medicare: Provides very limited long-term care coverage. Many people incorrectly assume Medicare will take care of their nursing home expenses. Unfortunately, Medicare typically covers a maximum of 100 days of long-term care.
  • Long-term Care Insurance: If your loved one has a policy it may cover most – or even all – of his or her nursing home expenses. It’s important to review the policy as soon as you suspect a nursing home stay may be necessary.
  • Children and Loved Ones: There is no good reason for you to bear the responsibility for your parent’s nursing home bills. Often, however, nursing home agreements attempt to make a resident’s children or other loved ones responsible for a resident’s bills. Check the agreement and do not sign anything that you don’t understand – and don’t take the nursing home’s word for it. Get guidance from a qualified Elder Law Attorney.
  • Reverse Mortgage: When savings and income are not enough to cover the entire bill for long-term care, reverse mortgages are becoming an increasingly popular option. Homeowners can draw on the equity in their home, and not have to worry about the loan coming due as long as they reside in the home. It is not a good choice for those who want to pass their homes on to their heirs.
  • Medicaid: This is the most popular option for the American middle class and contrary to popular belief, you do not have to impoverish yourself or your family in order to qualify. Depending on their income and assets, your loved one may be able to qualify for Medicaid. For additional resources, please download our free report, “Set The Stage for Medicaid Eligibility.”

If you have questions about any of our services, please do not hesitate to contact us or call us at (305) 456-3255.

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Where We Are

Stivers Law
110 Merrick Way Suite 2C
Coral Gables, FL 33134
Phone: (305) 456-3255

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Office Hours

Monday9:00 AM - 5:00 PM
Tuesday9:00 AM - 5:00 PM
Wednesday9:00 AM - 5:00 PM
Thursday9:00 AM - 5:00 PM
Friday9:00 AM - 5:00 PM

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Office Location

Stivers Law
110 Merrick Way Suite 2C
Coral Gables, FL 33134
Phone: (305) 456-3255

See Larger Map Get Directions

Office Hours

Monday9:00 AM - 5:00 PM
Tuesday9:00 AM - 5:00 PM
Wednesday9:00 AM - 5:00 PM
Thursday9:00 AM - 5:00 PM
Friday9:00 AM - 5:00 PM

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