Now it’s important to remember that for medical, for long term care, what we’re typically talking about is skilled nursing care.
Skilled nursing care on average costs more than $12,000 a month in California. And so when you compare the cost of doing foundational and comprehensive elder law planning to the cost of skilled nursing care, elder law planning is actually very reasonably priced. It is typically less than the cost of a single month of skilled nursing care.
Quick Question Corner is a video segment where we answer common questions about estate planning and elder law. If you have similar questions, leave them in the comment section and we can feature them in one of our videos in the future.