Elder Care Asset Protection Planning

Formerly Lannom Law LLC

Elder Care

Asset Protection Planning

For your Family

Nobody enjoys thinking about the challenges of the aging process, which include long-term and chronic conditions, disabilities, and cognitive decline. There are specific actions you take today to ensure your family has solid ground for life’s curve balls of the future. Roughly seventy percent (70%) of adults over the age of 65 will need some type of long-term care during their lifetime. Elder care asset protection planning involves protection of family assets, while simultaneously ensuring the family legacy is carried out in a way that is according to the family’s wishes.

Our focused elder care asset protection planning will preserve your family’s assets while allowing you or your loved one to receive the critical benefits he or she may need in the future. This plan accounts for the possibility of needing eligibility for Medicaid (TennCare) benefits in the future and preserves assets in the event a long-term care scenario becomes a reality in a loved one’s life. Failing to account for the possibility of long-term care could result in estate recovery.

Candidates for Elder Care Protection Planning:

If you have received a diagnosis but are still managing your own daily activities

An individual or family who is concerned about the cost of long-term care and wants to avoid burdening family or children who may not live locally or be capable of serving in a caregiver role
An individual or couple who is healthy and living at home and wants to plan for “aging-in-place” in the comfort and familiarity of their own home
Individuals and couples ages 60+

Beacon Legacy Group’s focus on estate planning will allow you to implement a plan that will efficiently solve the worries facing your family and enable financial security and prosperity to pass on to the next generation.

Our attorneys are committed to excellence, and that means assisting you to establish an estate plan that meets your needs and reaches the highest level of advocacy.

Formerly Lannom Law LLC

Contact Our Firm

640 N. Dixie Ave. Cookeville, TN 38501
41 Peabody St. Nashville, TN 37211
[email protected]
(931) 651-1900
Hours: Monday - Friday
8:00 a.m. to 5:00 p.m
Closed 12:00 p.m. to 1:00 p.m.

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