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Law Office of Alice Reiter Feld and Associates, PA |
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Center for Asset Preservation and Long Term Care Planning
March 22, 2010 | |
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| March is National Social Worker Month |
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| Who will care for the Caregivers?
Long Term Care for the Aging Baby Boomer |
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| Greetings!
I turned 56 last week. The reality that my generation and I are getting older cannot be ignored. Or so one would think!
Boomers literally think they are going to die before they get old. A recent poll found that boomers defined "old age" as starting 3 years after the average American was dead! This "interesting" cultural phenomenon will either ensure or sabotage the future of boomers' long term care needs.
Like it our not, these are the numbers:
The aging baby boomer will create a sharp need for social services that threatens the very core of the federal budget and our society as we know it. Federal spending on Social Security, Medicare and Medicaid is expected to double in 25 years. The future numbers of the elderly who cannot perform the basic activities of daily living will also double in the coming decades, as medical advances and technology keep people living longer. Baby Boomers will be followed by fewer workers to support them in retirement. In 30 years, the number of elderly over age 85 will triple. Even with the positive medical advances decreasing the chances of disability, this will be overwhelmed by the sheer numbers of baby boomers. The elderly disabled will double in 30 years. Spending for long term care for the elderly could quadruple in 40 years.
Does all this mean that the government is working toward long term care financing reform? Will the government institute some kind of mandatory social insurance? How are we preparing for these demographic shifts?
Like it or not, any reforms in long term care financing will require a complete reevaluation of traditional roles between government and families in caring for the frail elderly. Will the Baby Boomers reinvent retirement and long term care? Will they protect themselves so as not to repeat their parent's history?
Studies also show that boomers are seeking to "reinvent" aging along with the type of long term care services designed to accommodate it. Since the sheer numbers of baby boomers will overwhelm the system and because of how unique this generation is, we are likely to see long term care options and support systems that are "uniquely" boomer-friendly and very different from the models we are now familiar with.
Please contact our office with your input on this very important topic. |
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Alice Reiter Feld
Board certified Elder Law Specialist |
Nicholas Guerra
Masters of Law in Estate Planning |
Contact us:
Phone: Tamarac (954) 726-6602 Delray Beach (561) 496-0077
Email: Gloria@Florida-Elderlaw.com
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How to Get Medicaid and Veteran's Benefits Coverage For Your Assisted Living or Nursing Home Care . . .
Without Selling Your Home or Leaving Your Family Without a Dime
A free informational seminar hosted by Board Certified, local Elder Law Attorney Alice Reiter Feld, P.A.
Saturday, April 10, 2010 at 10:00 am
At: Courtyard by Marriott 1601 N. Congress Ave., Boynton Beach map
Saturday, April 24, 2010 at 10:00 am
At: Law Offices of Alice Reiter Feld
5701 N. Pine Island Road, Suite 260, Tamarac map Discover the Newest Changes in the Law: Medicaid financing is now permanently available for not only nursing home care but assisted living and home care. Find out what changed and how it can help you!
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Forum
You are invited to an Important Forum on Wealth and Legacy Preservation for people of passion, success and smart planning.
The 5 most costly mistakes in Wealth Preservation -
How many are you making right now?
You are invited to an exclusive presentation on Wealth Preservation that is different from any boiler plate seminar you have attended in the past.
This Forum has been designed for you, a person of affluence! One hour of your time will fill you with the passion and profitable information you need to make the best plans about your future just as you always have to attain the status and position you have today.
Traditional Estate Planning is failing us. As a board certified elder law attorney I am troubled by the fact that "estate planners and estate planning" have not changed in 50 years. It is all and only about death, taxes and probate. Wealth Preservation is not a collection of documents that everyone has. Just as your path to your success
was complex and different from your neighbor, so is your Wealth Preservation Plan. Wealth and Legacy preservation is a state of being.
Kindly accept our invitation and experience the expertise, professionalism and caring of our offices. Learn first hand what customized truly means.
Three Powerful reasons you should come to our forum . . .
Our Knowledge - Alice Reiter Feld is a board certified Elder Law Specialist and is AV Rated. Her associate, Nicholas Guerra has a Masters of Law in Estate Planning.
Expertise and Experience - Alice Reiter Feld has been practicing Elder Law, Estate Planning and Wealth Preservation law for over 20 years.
Our office: We provide a, personal, caring and professional environment which can help you achieve your Wealth and Legacy Preservation Goals. We know that being wealthy does not mean you want to waste money. We want to know who you love and want to protect. What are your most important concerns for today? For ten years from now?
When and Where?
Tuesday, March 23 at 6:30 PMLaw Offices of Alice Reiter Feld, 5550 Glades Road, Suite 500., Boca Raton (In AmTrust Bank building) map
Thursday, March 25 at 6:30 PMCourtyard by Marriott, 1601 North Congress Ave., Boynton Beach (1 mile no. of Boynton Beach Blvd.) map
Sponsored by the Law Offices of Alice Reiter Feld and Associates, PA
Center for Asset Preservation and Long Term Care Needs Planning
Offices in Boynton/Delray, Boca Raton and West Broward
Attendance at this forum is complementary but you must RSVP. Call today and be ten steps ahead of your friends that attend those "other" seminars. Please call Tracy at 561 496 0077 or email tracy@florida-elderlaw.com. Attendance is limited to 20 so that we can keep an intimate atmosphere so please do not respond if you cannot come. Recommended for those with wealth in excess of $2 million.
If you cannot attend, call our office for a complimentary copy of our Special Report - "Legacy and Wealth Protection in the 21st century".
Act today! We expect to fill up quickly!
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Sun-Sentinel.com article features
the Law Offices of Alice Reiter Feld.
Click here to read how "Firm Advocates for the Elderly" |
December 17, 2009
Dear Alice,
First we would like to thank you and your staff for your assistance in securing Medicaid approval for my father, Richard P. Shaw, once again. Your office's expertise and connections have been invaluable to us in our hour of need.
We would especially like to tell you that Ada has been very thorough and attentive to detail in all aspects of my father's Medicaid applications. She was the one who straightened out the initial application and finally got an answer on what months were covered and what months were not. Also, Ada was very expedient in our newest challenge with the Department of Children and Families' - the annual review. She contacted us immediately upon receipt last week of the annual Medicaid renewal application and told us what information and documents we needed to gather to complete it. She also obtained a desperately needed extension as they were asking for submittal on DECEMBER 14TH!!!! only a week from receipt of the renewal form. Ada's connections with the Dept. of Children and Families were very valuable in obtaining the extension and expediting the annual Medicaid renewal. In fact, the whole process has been completed today with as little stress on my mother and me as Ada could provide.
Ada has been a pleasure to work with and we would highly recommend her services. She conducts herself in a professional and friendly manner that puts your mind at ease. We look forward to working with her again.
Thanks again for all you do and Happy Holidays!
Sincerely,
Mary Ann Shaw and Rose Mary Shaw
September 29, 2009
Dear Alice,
Seldom do I have a chance to thank and praise the work that you and your staff do for your clients of which I am fortunately one of those lucky folks. The care and consideration your staff has shown to Joan and I have been exceptional. The stress and strain of being a caregiver for so long had taken a toll on me but you guys have taken all the worry and concern off my 85 year old shoulders. I would like to pay a particular complement to Ada, whose pleasant attitude and genial demeanor has made this part of our lives so much easier to bear. You are indeed lucky and wise to have assembled such a competent staff .Again thank you for helping us in this difficult time of our lives.
Ben/Joan Greenberg
March 11, 2009
Ada,
Just wanted to let you know, I truly appreciate the effort you have put forth for me regarding this situation of trying to establish a new lower payment for my dad for calendar year 2009. You have kept me up to date on all the developments that have transpired involving the DCS, and that has been most comforting. I must say in the 2 � years I have been associated with your law firm, I have been extremely pleased with everything Alice and you have done form me. My gut instinct was to choose your law firm because of Alice's ties to New York, and I was absolutely correct.
Thanks again,
Jeff Arbeit
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