Call for a Free Consultation:
(941) 441-9193
At Cuturic Law, we believe nursing home care shouldn’t drain your life savings. That’s why we’ve spent years helping elderly clients protect their assets, plan for long-term care, and ensure their loved ones are cared for, no matter what the future holds.
We’ll work together on your estate planning to protect what matters most, giving you the confidence and peace of mind to enjoy the present while knowing your future is secure.
Estate Attorney
Years of experience
Estate Plans Prepared
Satisfied clients
Andrej Cuturic, Florida elder law attorney, will meet with you to discuss your situation and understand your concerns.
We go to work figuring out the various options available to you to protect your home, income, life savings, and property. The earlier our firm can get involved, the more options will be available to you.
We go over those options with you and after we have decided on the best strategies for you and your family, we prepare the necessary documents to build that plan.
Take a deep breath, knowing your finances are safe and your long-term care plan is secure.
801 E Venice Ave, Suite 2
Venice, Florida 34285
The heart of elder law is the people served in this vital area – seniors and their loved ones. Health care costs are rising at a rate faster than most people’s finances can afford. People are living longer because of advances in medicine and healthcare. It’s crucial to plan to protect your life savings for when, not if, a long-term care event strikes. Your planning may make all the difference in the world when it comes to your ability to leave a legacy.
We can help you, or a loved one, finance care with the lowest impact on your assets—for example, protecting your home.
In a typical case, the total cost of decent long-term care usually comes in at around $390,000.00 (approximately 2 to 3 years of care, at approximately $12,000 to $15,000 per month). Below are “median cost” numbers for Florida:
FLORIDA ANNUAL MEDIAN COST OF CARE (2023)
IN-HOME CARE – Homemaker Services $67,496 – Home Health Aide $68,640
COMMUNITY/ASSISTED LIVING – Adult Day Health Care $24,180 – Assisted Living Facility $57,000
NURSING HOME FACILITY – Semi-Private Room $118,625 – Private Room $136,875
Resource: https://www.genworth.com/aging-and-you/finances/cost-of-care.html
The cost of long-term care can quickly wipe out your family’s savings. This is true for families of all income levels. Whether you have a lot to protect or a little, Cuturic Law is on your side. We can help you navigate the complexities of Medicaid and create a plan that works best for your health care needs, and best protects your life savings and home.
Planning ahead gives you more options and flexibility to protect your assets and ensure a smoother qualification process for Medicaid.
Ideally, you should start planning at least five years before serious health issues arise. This allows you to take advantage of strategies that can save your family thousands of dollars and avoid unnecessary stress.
Medicaid separates what you own into two categories: resources and income.
To qualify for Medicaid, your countable resources must typically be below $2,000, but income and resources are treated differently. An elder law attorney can guide you through the rules to help you qualify.
Yes, certain assets are considered exempt and are not counted toward the $2,000 resource limit. Exempt resources include:
These exemptions allow you to protect important assets while still qualifying for assistance. However, the rules around exempt vs. non-exempt resources can be complicated, so it’s important to consult with an attorney.
An elder law attorney can help you navigate the complexities of Medicaid rules, including:
Consulting with an experienced attorney early on can save you time, money, and stress.
Call our office at (941) 441-9193 to schedule an appointment.
We’ll review your needs, address your concerns, and create a personalized estate plan to protect your loved ones and give you peace of mind for the future.
“Professional service from first contact to last! Quick to return calls and answer questions. Highly recommend Cuturic Law for your Estate Planning needs.”