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Valerie Del Grosso
I am a proud Las Vegas native, practicing law for over eight years representing businesses, business owners, and their families. In 2014, I struck out on my own for a more direct and personal relationship with my clients- offering faster response times, more personalized service, and flat fees. As I got to know my clients personally, they turned to me more and more to protect the fruits of their hard work through customized estate plans. This became more than just an added service when a friend's father was diagnosed with Alzheimer's at a young age. I learned about new estate planning techniques to help his family avoid losing everything to nursing home costs, and Origins Estate & Elder Planning Center was officially born.
Many seniors prepared estate plans more than a decade ago, when they still had minor children at home, or before they had given real thought to their future health needs. Many do not realize that their existing estate plans (including having no plan at all) make them vulnerable to the exorbitant cost of nursing home care in the future. Medicare only covers 30 days of care, and the alternatives are private pay (at many thousands of dollars per month and rising) or Medicaid, which requires that the sick spouse have less than $2,000 in assets after a limited amount is allocated to the healthy spouse.
With modern estate planning techniques, you don't have to spend all of your life savings on long term care in the future. Instead, you can maximize the likelihood of protecting your assets from devastating nursing home costs. Timing is critical because it can take as long as five years to get full protection.