With the average monthly cost of a nursing home in the New York metro area being approximately $14,000 to $15,000 per month, failure to plan ahead can have devastating financial consequences.
White Plains, NY (PRWEB)
June 20, 2017
More than 20 percent of U.S. residents are projected to be aged 65 and over by 2029 (U.S. Census) and, according to the U.S. Department of Health and Human Services, nearly 70 percent will need long-term care at some point in their lives. Elder law attorneys Anthony J. Enea and Sara E. Meyers of Enea, Scanlan & Sirignano, LLP in White Plains, N.Y. recently addressed the importance of estate and long-term care planning for seniors at an education program for the Rockland Chapter of the New York Society of CPAs.
The program, “Critical Issues Facing Senior Clients,” marked the latest speaking engagement for Anthony Enea and Sara Meyers, both highly regarded for their expertise, integrity and fierce commitment to the protection of the rights of seniors, the disabled and their families.
“With the average monthly cost of a nursing home in the New York metro area being approximately $14,000 to $15,000 per month, failure to plan ahead can have devastating financial consequences,” said Mr. Enea, who lectured on protecting assets from the cost of long-term care. “Two documents of great importance to seniors as they age are the Durable General Power of Attorney and Health Care Proxy. The execution of a sufficiently broad POA and HCP will alleviate significant potential problems for both the senior and his or her family.”
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