The biggest threat to your estate is not tax or probate. It is high long term care costs. According to the MetLife Survey on Long Term Care Costs published for 2012, the average cost of a private room in a nursing home in Washington State is $102,200 per year. The average costs statewide for an assisted living facility is $3,100 per month. In the Puget Sound, costs for skilled nursing can be as high as $130,000 – $140,000 per year. Many Assisted Living Facilities charge up to $6,000 per month.
Select the category that fits your situation the best: Pro-Active or Crisis Planning
- Pro-active planning/ Estate Planning describes cases in which a family understands their own frailty and the cost associated with it. When there is time to plan, the stakes are still high but the fees and stress are low. Done properly, we can save a family’s entire estate if allowed enough time to plan.
Learn More: Estate Planning Services
How we help: Our goal is to protect your estate. We mean that.
- “Crisis” is any case in which a serious long term medical condition is draining your families’ resources. It is a crisis because, without a funding source, the family’s assets will be depleted. Put differently, the family goes broke.
How we help: Our goal is to help families identify the real problem, the real cost, and ways to pay for it without going broke. We call this a Living Care Plan
IF YOU ARE IN CRISIS, THEN YOUR NEXT STEP IS:
IF YOU ARE A VETERAN IN CRISIS, YOUR NEXT STEP IS :