Many people in Georgia hesitate to discuss their own mortality. Just as many avoid thinking about the possibility that they might suffer an adverse health condition or life-threatening emergency that would prompt a need for long-term care. Regardless of whether people like to think about it, it can happen. That’s why it is always a good idea to prepare for the unexpected as much as possible.

Long-term planning and financial planning often intersect. There are many issues to consider when figuring out how expenses will be met if independent living is no longer possible and nursing home residence or other assisted living care is needed. Most people pay for this type of care in several ways.

Some people already have been setting aside personal funds throughout their adult lives. Such funds are intended to be used in emergencies or for elder years, when assisted living care may be needed. Others have income from stock investments or pension funds on hand.

Government programs such as Medicaid and Medicare are payment sources that can help those who will have ongoing expenses for months or years due to taking up residence in a nursing home or needing in-home care. Those who are U.S. military veterans get support regarding benefits that may be available to them for such needs. There are also services provided through the Older Americans Act that can be helpful regarding financial provisions for extended health care needs. An experienced Georgia elder law attorney can assist anyone with questions or facing legal problems regarding long-term care, especially where payments are concerned.