Practice Areas

• Medicaid
• Living Trusts
• Estate Administration and Probate
• Asset Protection
• Veterans Benefits
• Special Needs Trust

Blog

Estate Administration and Probate

• Finding Tips On Estate Planning at the Theatre
• Update on the Status of Federal Estate Tax
• Michael Jackson Estate Makes Land Mark Estate Deal With Sony
• The Governator Says Health Reform Will "Beat Up" California
• When a will isn’t enough

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News

• The Growing Rate of Dementia and Alzheimer's...
  Posted on 3/9/2010
• Let it snow! Pittsburgh Extends Property Tax Deadline...
  Posted on 2/9/2010
• Estate Tax, Medicaid, Social Security Changes Ring In New Year...
  Posted on 1/13/2010
• Main beneficiary to Michael Jackson’s estate shakes up her probate team...
  Posted on 10/22/2009
• Illinois Supreme Court upholds will restricting inheritance based on religion...
  Posted on 9/30/2009

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Library

Estate Administration and Probate

• When Pennsylvania Estate Recovery Can Take Place By Law
• Joint Bank Accounts - Risks and Benefits
• Guidelines for Gifts and Joint Accounts
• Intestacy Laws Of Pa: Dangers of Not Having a Current Living Will
• Drafting Wills That Protect Clients' Interests: Every situation is different, which is why we select vehicles that meets each client's needs

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Long Term Care Insurance Details - Legally Bonded Caregiving. Contact us for a FREE consultation for long-term care planning.

Most care giving is provided by a family member, or person in their immediate community. For those individuals who hire someone who is not family member, using a legally bonded caregiver can give greater comfort and peace of mind for the care recipient. There are rules and requirements in many jurisdictions for the bonding of caregivers who work with long term care patients. These rules may also make it easier for the long term care services provided by a legally bonded caregiver to be paid for by a long term care insurance company.

What is Long Term Care Insurance?

Long term care insurance provides a benefit for individuals who are in needs of some form of assistance as they age. An individual’s inability to perform any 2 of 6 activities of daily living (ADLs) or who suffers from a cognitive impairment such as Alzheimer’s disease is deemed eligible for long term care. The 6 ADLs include:

• Bathing
• Continence
• Dressing
• Feeding
• Toileting
• Transferring

The benefit paid by a long term care insurance policy is based on a daily amount that is gauged to the community in which the long term care services are being provided. Long term care services average $225 a day and can pay for care that is provided in the home or in a facility such as a skilled nursing center.

Becoming a Legally Bonded Caregiver

The process for becoming a legally bonded caregiver involves contacting an insurance carrier in order to purchase a surety bond. The surety bond provides a financial guaranty in the event that services provided are not up to required standards or some financial loss is experienced by the individual receiving the care services. In many jurisdictions, a surety bond is needed to obtain a license to become a qualified or certified long term caregiver.

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questions

Estate Administration and Probate

• When Can Estate Recovery Take Place By Law?
• Do witnesses have to actually witness the signing?
• What is a reasonable attorney fee for probating an Estate?

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