Aging Well: Enjoying Life on a New Scale

Where — and how — do you want to live when your work and family responsibilities become simpler and you can make choices just for yourself?

more>

Imagine finally having a reduced work schedule, fewer family responsibilities and being free to make your own choices. That’s what happened to Grimaldi & Yeung clients William and Flora Dubcek. They had spent time raising their children and then, caring for William’s elderly mother, with whom they shared a two-family home. Because they had been thrifty, they had a number of options. Cautious by nature, they came to Grimaldi & Yeung for help in evaluating their choices and planning so they would not be a burden on their own children. We helped the Dubceks:

  • Sell the two-family home, which was too big to meet their needs.
  • Consolidate their savings, including separate retirement finds and a variety of small investments, including funds they inherited from William’s mother.
  • Locate and purchase a smaller home in the same neighborhood.
  • Resolve an ongoing dispute with William’s sister regarding their mother’s estate.
  • Preserve their independence and financial well-being as they grow older.
  • Establish decision-making criteria to realize the cherished dream of a second home in rural Pennsylvania.

Now the Dubceks are enjoying their lives, confident that they won’t be a burden to anyone.

Elder Law: Medicare & Medicaid Planning

Most persons who need extended care — such as the frail elderly and persons with disabilities — find that government benefit programs — such as Medicare and Medicaid — are essential to their ability to secure affordable care. Considering the constantly changing laws and barriers to eligibility, you may need professional assistance to receive the maximum allowable benefit. The attorneys of Grimaldi & Yeung will help you:

  • Understand what government benefits you qualify for and when to apply.
  • Know what is covered by each program.
  • Take protective action to preserve your assets. This should be done well in advance of needing certain benefits. For example, Medicaid and SSI have a review provision, which means that your assets may have to be out of your name before you receive benefits. Current Federal Law sets review for 5 years back.
  • Analyze whether the medical insurance you have is sufficient to meet your needs.
  • Obtain and complete the right application for benefits.
  • Work through the application and appeal process.
  • Evaluate options under various available insurance policies including Medicare.