Sometimes the costs of a nursing home can be paid via alternate sources of income, such as dividends from properly invested assets. The easiest way to pay for the costs of a nursing home or home health care is through insurance. The National Association of Insurance Commissioners has published a pamphlet entitled "A Shopper's Guide to Long-Term Care Insurance." This pamphlet can be obtained by calling (816) 842-3600.
There are a variety of products that pay the costs of long-term care. Some incorporate life insurance with a long-term care rider that will pay the face amount of the policy towards long-term care and/or death benefits. Other link annuities to long-term care benefits. Most annuity products pay out set sums for life given an initial investment. Other annuities use underwriting based on your health situation and can require less up front if you are ill. Almost all these products will pay for nursing home and assisted living facilities. They can provide a fixed monthly income.
If you are a concerned relative or friend of an elderly person who seeks assistance with Estate Planning, Elder Law or Medicaid, Contact Us Online or Call Us at (904) 355-8888 to set up a consultation and receive our North Florida Nursing Home Guide.
David Wolf is an excellent attorney. He is my FIRST call when a problem arises. He has represented me on a few matters and guided me on others. He is responsive, professional, and compassionate. If you want a down to earth attorney who will fight for your rights, David Wolf would be a good choice for you. - Karen E.
I am writing to recommend David as counsel. Our grand daughter was injured in a family daycare and during a very difficult time David provided sound advice even when we were unsure of where to turn. David is sincere in desire to help others, is thorough in his explanation of complicated issues and is personable besides. Thanks for reaching out to us, David. We will forever be appreciative. - Mary
I called Mr. Wolf to consult him about a settlement that was being offered to me due to an auto accident. He took the time to answer all my questions in a kind and honest way, so I decided to let him handle the case. I am very happy I did. He is very nice and professional, and promptly answers emails and calls. I highly recommend Mr. Wolf. - K.H.
David is well recognized in the Jacksonville community as tireless advocate for his clients. I would recommend David and his firm for those who have been injured or harmed by the carless of negligence of others. - Ben Whitman
David Wolf was able to resolve my situation quickly and efficiently. He is a professional attorney who is not only extremely knowledgeable but also kind and considerate. He took the time to assure me of the results and put my mind at ease. I would recommend him highly and would only retain him for other legal services. - Elyse
We serve the following localities: Clay County including Green Cove Springs, Lakeside, Middleburg, and Orange Park; Duval County including Atlantic Beach and Jacksonville; Nassau County including Callahan, Fernandina Beach, and Yulee; and St. Johns County including Fruit Cove, Palm Valley, Ponte Vedra Beach, St. Augustine, and St. Johns.