People are becoming more more health conscious these days, and those who are members of the elder law community are always going to encourage healthy lifestyles. After all, you live an improved quality of life when you take good care of yourself and you decrease the possibility of illnesses setting in during your golden years.
However, we like to caution people against being overconfident. Even if you have exercised regularly while eating well and refraining from unhealthy habits you should still prepare yourself for the possibility of incurring long-term care costs late in your life.
Obviously the older you are the more likely it is that you will need living assistance.
If you live a healthy lifestyle it becomes more likely that you will live longer. As a result it could be argued that those who are indeed taking care of themselves properly should be even a little bit more proactive about preparing themselves for the possibility of a stay in a nursing home or an assisted living community.
Medicare does not pay for long-term care, and this is something to keep firmly in mind. There are steps that you can take to prepare yourself, and one of them would be to learn about Medicaid and how you may be able to qualify while still retaining much of what you own.
If you would like to discuss the matter of long-term care with an expert get in touch with a good elder law attorney to set up an informative consultation.