what is the average cost of an elder care attorney?

by Ephraim Runolfsson 4 min read

Cost of Elder Law Attorneys and Medicaid Planning
Medicaid planning fees can range from $3,000 to $15,000.
Mar 22, 2022

Full Answer

How much does an elder law attorney cost?

Updated: Jul 29th, 2019 AVERAGE HOURLY FEES $250 - $310 Probate attorneys typically charge between $250 and $310 per hour to help with estate administration when they bill by the hour. FLAT FEE 32 % Nearly a third of readers said the estate paid a flat fee for a lawyer’s estate administration services.

What do elder law attorneys charge for their services?

In many cases, elder law attorneys will charge an hourly fee for an initial consultation.Any subsequent fees will be based on the type of legal services provided. For example, the fees for probate services are set by state statute, which makes it easy to know what to expect.

Who needs an elder care attorney?

Most elder law attorneys handle a wide range of legal matters affecting an older or disabled person, including issues related to health care, long term care planning, guardianship, retirement, Social Security, Medicare/Medicaid, and other important matters. In many ways, elder law attorneys are "specialists" because of their focus on the needs of older adults, which are often different and more specialized than the needs of younger adults.

When should one consider hiring an elder law attorney?

You should consider specifically hiring an elder law attorney if any of the following situations are applicable to you: You worry about becoming too ill or incapacitated to take care of your affairs. An elder law attorney can help you utilize tools like living trusts and legal directives so that someone you trust can take over your affairs if you become unable to do so.

image

How Much Do Elder Law Attorneys Charge?

For conventional estate planning documents alone, the fee could range from a few hundred dollars to a few thousand dollars, depending on the complexity of the estate, says Johns.

What Is an Elder Law Attorney?

Elder law attorneys speciali ze in working with seniors or caregivers of aging family members on legal matters that older adults face as they age. Some elder law attorneys have the designation of Certified Elder Law Attorney (CELA), a certification issued by the National Elder Law Foundation.

What is elder law?

Elder law attorneys help seniors or their family caregivers with legal issues and planning related to aging. Elder law attorneys often assist with tax planning, disability planning, probate and administration of an estate, nursing home placement and many other legal issues. Most elder law attorneys also have professional relationships with social workers, geriatric care managers and other professionals who can assist with additional needs associated with aging.

What to know before hiring an elder law attorney?

Before you hire an elder law attorney, the National Academy of Elder Law Attorneys (NAELA) recommends first making sure you’re facing a legal matter that requires an elder law attorney’s expertise. If you’re unsure, consult your financial advisor, estate planning attorney or other legal professionals who can help you decide whether you may benefit from hiring an elder law attorney.

What is the requirement for an elder law attorney?

A Certified Elder Law Attorney must meet licensing and other requirements, including specific experience in elder law matters and continuing education in elder law. However, if an elder law attorney doesn’t have the CELA certification, they may still be just as experienced or skilled as a Certified Elder Law Attorney.

What to ask an elder law attorney before hiring?

Before hiring an elder law attorney, ask about—and make sure you understand—the fee for the first meeting and subsequent meetings and legal services. Ask about the attorney’s areas of expertise and specialization and whether the attorney is board-certified in elder and special needs law. Also ask if the elder law attorney has any warnings, reprimands, disbarments or sanctions against them in your state or other states.

How much does a probate attorney charge per hour?

Probate of wills and decedent’s estate administration: $250 to $350 an hour, although the rate would be less—$100 to $150 an hour—if the work is performed by paralegals with attorney supervision

How much does it cost to hire an elder care attorney for Medicaid?

After the consultation / planning conference and gathering of the facts and needs, a price for services can be quoted. Medicaid planning fees can range from $3,000 to $12,000.The following factors can all impact the cost the cost of a Medicaid planning engagement. The more complicated the case, the higher the fees.

What do elder law attorneys do?

What Elder Law Attorneys Do? Elder law attorneys, also called elder care attorneys, estate and trust attorneys, or Medicaid lawyers, assist persons in preparing for long-term care and death. They assist seniors in a large and diverse array of legal tasks, which encompasses retirement planning, estate planning, creating wills and durable power ...

What is the role of a Medicaid attorney?

On the other hand, Medicaid attorneys often focus more on the legal aspects of Medicaid planning, such as creating Medicaid asset protection trusts or Qualified income trusts, which makes them the better option for this type of assistance.

How long does it take for Medicaid to pay for long term care?

Medicaid attorneys and specialists also assist with crisis planning, which occurs when a senior needs Medicaid benefits within 30-60 days.

How to avoid looking back on medicaid?

One such strategy that elder law attorneys can implement is a Medicaid asset protection trust (MAPT). This type of trust not only prevents one from becoming ineligible for Medicaid due to gifting assets (if done prior to the look back period), but it also allows one to protect assets for spouses to ensure they can live independently. Furthermore, MAPTs protect assets, including one’s home, for relatives upon the death of the Medicaid recipient, as assets in this type of trust are protected from Medicaid’s estate recovery program. This means that the state cannot attempt to be reimbursed for long term care costs for which it paid for the Medicaid beneficiary via these assets.

What is a medicaid planner?

For persons who have Medicaid cases that are fairly simple and straightforward, a Medicaid planner, also called a Medicaid specialist or a Medicaid Advisor, might be a good option. Working with a professional Medicaid planner can be a lot more cost efficient than working with a Medicaid attorney.

How long does Medicaid look back?

The look back period is 5 years in all states except California (Medi-Cal has a 2.5 year look back).

What Is an Elder Care Attorney?

An elder care attorney helps seniors protect their rights as they age and helps them navigate the legal issues that occur during their golden years. They can help with Medicaid and advanced long-term care planning to help protect seniors’ homes and various assets. Paying for long-term care out of pocket can be financially draining, but an elder care attorney can help to mitigate those out-of-pocket expenses as well as help with financial planning.

Can an elder care attorney help with out of pocket expenses?

Paying for long-term care out of pocket can be financially draining, but an elder care attorney can help to mitigate those out-of-pocket expenses as well as help with financial planning. Choosing a power of attorney, someone designated as the main authority to help decide how and where money is spent, can be difficult, ...

Is age a factor in Med Mal?

2. Med mal plaintiffs' attorneys are business people as much as they are attorneys. Age of the individual harmed is definitely a factor. If a case were to be won, actuarial tables come into play in computing injury. E.g., a wrongful death jury award for a younger person would produce a reward that's significantly higher than one for an older person. The issue of longevity is obviously a factor here.

Do attorneys want to deal with med mal cases?

Long story made short , some attorneys don't want to bother with med mal cases for older people, or even younger people, if the rewards aren't there , if malprac tice can't be supported by medical witnesses/testimo ny, or if the damage/injuries don't preclu de the individual harmed from continuing to lead a "normal" life.

What is an Elder Law Attorney?

An elder law attorney is a lawyer specializing in issues that affect the aging community. Elder law attorneys are experts in Medicaid and related issues, but their expertise extends to all broader issues related to elder care, aging, and the law – a wide-reaching, often complicated milieu of interrelated topics.

What is the difference between a Medicaid specialist and an elder law attorney?

The biggest difference between a Medicaid specialist and an elder law attorney is that Medicaid specialists are not lawyers. Likewise, elder law attorneys cannot call themselves “Medicaid specialists,” as this is not a designated law specialization.

What is a Medicaid Specialist?

A Medicaid specialist is a person or niche firm that specializes in establishing Medicaid eligibility, facilitating the application process, and even completing the actual application on behalf of the Medicaid recipient. Additionally, they can also take care of the time-consuming application follow-up and help see the Medicaid approval process through to a successful resolution.

How much does it cost to live in a nursing home?

Or a life-changing injury. After the subsequent hospital visit and recovery, the doctors say your loved one will need to reside in a nursing home – indefinitely. The problem is, how can you or your family afford the average $6,844-$7,698 per month for nursing home care? That’s $82,128-$92,376 per year. Indefinitely.

Can a nursing home help you with Medicaid?

But an assistant at the nursing home promises the added cost won’t be necessary; they’ll help with your Medicaid application. Money is tight as it is, Medicaid rules are clear, and the nursing home can help you for free.

Can an elder law attorney save you money?

If you plan to set up a trust, living will, transfer of assets , or other legal considerations related to a loved one’s Medicaid application, an elder law attorney can save you money. Lots of it. Often, elder law attorneys will employ in-house benefits specialists / Medicaid specialists, to help structure assistance and thus save you money. ...

image