Levels of Care
Effective estate planning must address potential levels of care and living arrangements, which are often determined by an individual’s ability to perform the six Activities of Daily Living (ADLs). Incorporating these factors ensures your plan safeguards both your well-being and your assets.
Understanding Levels of Care
Long-term care options vary based on individual needs and health status.
Below is an overview of key levels to inform your estate planning decisions:
Independent Living
Designed to support autonomy, this option may include in-home medical services, rehabilitation following illness or injury, and access to licensed nurses, health aides, and therapists. It often assists with daily activities and companionship while promoting self-sufficiency.
Assisted Living
Serving as a bridge between independent living and complete nursing care, assisted living facilities offer support with activities of daily living, minimal medical oversight, and 24-hour supervision. The average daily cost is approximately $100, making planning essential for financial preparedness.
Skilled Nursing
Provides comprehensive care from trained registered health professionals, including qualified medical services, assistance with daily activities, nutritional meals, and recreational programs. Average costs are approximately $250 per day for a private room or $200 per day for a shared room, underscoring the value of proactive asset protection strategies.
Hospice
Tailored for individuals with a prognosis of six months or less, hospice emphasizes pain management, comfort, and emotional support. Counseling services extend to family members to address grief and related needs.
For more information and to inquire about a non-binding consultation, or to schedule an appointment, please call: 440-834-4881
Schedule a Consultation
Whether you are refining your estate strategy, optimizing insurance coverage, or planning for financial independence, our team is equipped to provide the guidance you require. Reach out to initiate your personalized plan.