Brookfield Long-Term Care Planning Attorney

Serving Clients Since 1999 

People are living longer due to a variety of factors, including medical advancements and improved public health measures. As the costs of care continue to rise, long-term care planning becomes essential for everyone. At Krause Estate Planning, we offer solutions designed to protect your assets while you are in care or after you pass away. 

For over 20 years, our dedicated team has been proudly crafting customized solutions tailored to meet the unique needs of our clients. Our comprehensive approach means that you can focus on spending quality time with loved ones in the family-friendly community of Brookfield without having to worry about the future. Let us help you plan ahead and secure peace of mind for yourself and your family.

To learn more about how to plan for long-term care, get in touch with our team online or dial (608) 344-5491.

Methods Our Team Uses to Plan for Long-Term Care

Advanced Directives

An advanced directive is a legal document outlining end-of-life care wishes. The most common form is a living will, specifying desired or refused life-sustaining treatments. Another key directive is a power of attorney, allowing someone to make medical and financial decisions if you're unable to.

It's crucial to keep advanced directives up-to-date, as many life changes can occur over the years. 

Examples of life changes can include:

• Marriage
• Divorce
• Health changes
• Having a child

As such, it is important to review your directive regularly to make sure it reflects your current wishes and circumstances. Our team at Krause Estate Planning recognizes how challenging this process can be. As such, we can help guide you through every step, and provide tailored advice and support to make your advanced directives clear, comprehensive, and reflective of your true wishes.

Trusts

Besides a living will, a trust is vital for long-term care planning that is tailored to you and your family’s needs. For example, a special needs trusts can be created to provide resources for children with disabilities. In another example, a trust can be created for a person to maintain control over their business while they are in care. 

Benefits of a trust include:

• Protecting assets from creditors
• Maintaining control over finances
• Protecting privacy
• Asset distribution according to your wishes

While it can be created at any time, it is best to do so before a person is in care. Navigating trust drafting can be challenging; however, our long-term care planning attorney in Brookfield can assist you. 

By listening carefully to understand your unique circumstances and wishes, we can provide tailored advice and guidance to help you create a comprehensive plan that meets your needs and provides peace of mind for your future.

Medicaid Planning

Medicaid is a federal-state program offering medical aid to those with limited income and resources, and it primarily covers long-term care in the U.S. Given Medicaid's strict eligibility requirements, advance planning is essential to protect assets. By setting up a Medicaid trust, you can protect your wealth while still qualifying for Medicaid benefits.

Our experienced team can assist you every step of the way. We can help you implement effective strategies to protect your assets, guide you through the application process, and more. Whether you're planning for yourself or a loved one, our goal is to provide you with peace of mind and confidence throughout the process.

Contact Krause Estate Planning

Long-term care planning is essential for you and your loved ones. Beginning the process can pose many challenges and questions, but our team at Krause Estate Planning can help you each step of the way. Our Brookfield long-term care planning lawyer is passionate about guiding clients to navigate this complex area with care,

Hiring our team means you benefit from the following:

• Comprehensive service
• Decades of experience
• Free consultation
• Passionate and customized care

With our comprehensive approach and dedicated team, you can rest assured that your long-term care planning is in capable hands. 

Contact us today to learn more about how we can help secure your future. Dial (608) 344-5491 or fill out our online form.