Health Care Hope on the Horizon MEDICAID MAPPING FOR LATE-LIFE CARE
Most people work hard for their entire lives to achieve the dream of enjoying a happy, healthy retirement with ample funds. Sadly, that nest egg they’ve spent decades building could unravel when they least expect it. Whether it’s due to natural aging or health issues, many individuals reach a stage of life that necessitates full-time live-in care or a move into a senior living facility. Often, these individuals have an illness that compromises their memory or decision-making abilities, prompting loved ones to step in and make arrangements for their ongoing care. It is typically at this point when the shock of the high cost of these services sets in. Facilities with skilled nursing care can cost anywhere from $15,000–$20,000 a month, while the daily rate of 24-hour live-in care typically ranges between $350–$500! These expenses can wreak havoc on a person’s savings — especially if they suffer from dementia or a similarly debilitating condition over several years. We hope you and your family are happy and healthy in these early months of 2025. Thank you for your ongoing trust in us to fulfill your estate planning needs. We are always available and honored to serve you.
Thankfully, Medicaid planning can offer hope in these situations and protect assets from the financial burdens of long-term care. One option is to consider
establishing a Medicaid Income-Only Trust, either by assigning your assets to a close friend or family member who will safeguard your property and use the funds for your benefit, or by transferring your property into a trust meeting Medicaid guidelines. Navigating Medicaid can be a complex and frustrating process. Still, we have resources available to educate you on the best steps to ensure financial security in difficult times.
We recommend that our clients consider their Medicaid planning options well in advance of needing them, particularly if your family has a history of serious medical issues later in life or if you or a loved one has recently been diagnosed with an illness that requires regular care. Bott & Associates, Ltd. has the knowledge and expertise to help guide you toward effective solutions and provide much-needed peace of mind when independent living becomes challenging or life-threatening. Please contact us today to move forward with confidence.
One-Pot Chicken Noodle Soup
INGREDIENTS
DIRECTIONS
• 2 1/2 lbs skinless, bone-in chicken thighs • 1 tsp salt • 1 tsp pepper • 2 tbsp olive oil • 1 large onion, chopped • 3 garlic cloves, minced • 10 cups chicken broth • 4 celery ribs, chopped • 4 medium carrots, chopped • 2 bay leaves • 1 tsp dried thyme • 3 cups uncooked egg noodles (about 8 oz) • 1 tbsp chopped fresh parsley • 1 tbsp lemon juice
1. Season chicken with salt and pepper. In an 8-quart stockpot over
medium-high heat, add oil and chicken
and cook until golden brown, 3–4 minutes. Remove chicken and set aside. 2. Add onion to drippings; cook over medium-high heat for 4–5 minutes. Add garlic and cook for 1 minute. Add broth and bring to a boil. Return chicken to pot. Add celery, carrots, bay leaves, and thyme. Reduce heat and cover; simmer until chicken is tender, 25–30 minutes. 3. Turn off heat. Remove chicken to a plate. Add noodles and let stand, covered, until noodles are tender, 20–22 minutes. 4. Shred chicken meat into bite-size pieces, and return to pot. Stir in parsley and lemon juice, and discard bay leaves.
3
847-818-9084
Made with FlippingBook Ebook Creator