Our Services

Eldercare Strategies:

Long-Term Care / Asset Protection

If you are dealing with a long-term care need for an aging parent, the Eldercare Strategy may help you design a roadmap for paying for Home Health Care, Assisted Living or Skilled Nursing Facility costs in a more tax-efficient, cost-effective way. As an integral part of this planning, we assess government programs such as Medicaid and Veterans Benefits for qualifying veterans, to potentially reduce the out-of-pocket expenses for health care. Vantage Financial Group is not affiliated with or endorsed by any government agency. The Eldercare Strategy is designed using a 4-step process:

  1. Clearly define and understand your loved one’s care needs and associated costs.
  2. Evaluate all sources of income, expenses, taxes, current asset allocation, economic variables and health/longevity risks.
  3. Analyze facts and create a written, comprehensive plan in a language that you can understand.
  4. Implement plan.

To help achieve good results from the Eldercare Strategy, we coordinate with Elderlaw Attorneys who can help you with the applications for Medicaid and Veterans Benefits when appropriate. Upon implementation of the plan, we carefully monitor it and communicate with you on a regular basis through periodic reviews. An Eldercare Strategy addresses the specific cost concerns you have for your loved one’s care, allowing you to focus on more important areas - like providing emotional support to your family member when they need it.