Staten Island Elder Attorney Advises on Long-Term Care Planning

Multifaceted strategies to safeguard your health and welfare

With age, infirmity is inevitable, but planning for it is a choice. Since 1997, William J. Newstad, Esq., Attorney and Counselor at Law has helped seniors and their adult children create effective long-term care plans that address their health needs while protecting vital assets. We make taking control of your future easy, with informative discussions in the comfort and privacy of our Staten Island office.

Don’t let long-term care costs rob you of your future

An accident or prolonged illness can be devastating for a senior on a fixed income. Expenses cascade like dominos falling: hospital costs, diagnostic testing, medication, rehabilitation facility costs, physical and occupational therapy, home health care, housekeeping services and doctor’s office visits. For many seniors, Medicare will cover most costs, but others may exhaust some of their benefits and will have to pay out of pocket. Without a sound long-term care plan in place, these seniors may have to sacrifice assets they were holding for retirement or had planned to leave to their children.

Elder attorney shows how to use your benefits and save your assets

Seniors usually receive long-term care in a nursing home, at home or at an assisted-living facility. They pay for these services with a combination of government benefits and private insurance before having to go “out-of-pocket.” As your long-term care lawyer, we can advise you on strategies to:

Replenish your Medicare benefits
Establish eligibility for Medicaid
Fill in the gaps in coverage from your private insurance

Protect the assets you need to maintain your standard of living
Protect assets to pass on to your heirs

The role of long-term care insurance in your planning

William J. Newstad, Esq., Attorney and Counselor at Law believes that middle-class seniors should have some form of long-term care insurance, but it should be carefully tailored to address their needs. Some plans allow you to choose between low daily maximums (paid over a long period of time) or high dailies (paid over a shorter period). Which plan is best for your depends on your age, overall health and financial situation. Before you commit to a plan chosen for you by a salesman, let us review your needs and your options.

Get good information on long-term care from a concerned Staten Island elder attorney

William J. Newstad, Esq., Attorney and Counselor at Law informs seniors and their families about how to ensure affordable long-term care. We offer our clients flexible appointments and can even visit at home or in a nursing facility if necessary. To schedule a consultation, call 718.815.5800 or contact our Great Kills Town office online.

Testimonials

Just recently worked with Bill Newstad and his team to close on the sale of my condo in Staten Island. Things could not have gone smoother. Bill was not only knowledgeable; he was also personable and understanding.

Santa M. September 10, 2013

I have recently purchased a home and William Newstad represented me. All I have to say is... WOW!!!! The process was a breeze thanks to his knowledge, professionalism and sense of breaking down "Real Estate" vernacular for us to understand. When we first met him he explained the entire process and what we would need,

Dane V. October 12, 2013

We highly recommend employing the services of William J. Newstad, Esq. We recently purchased our first home and the experience was excellent. William and his paralegal Tonianne were extremely knowledgeable, responsive, and patient and provided us with top notch council.

Daniel T. October 25, 2013

What I liked best was the way Bill explained everything. He put everything in simple terms and language that my kids came away from the meeting understanding everything. I would tell others how friendly and professional Bill and his staff are. I would recommend Bill's free workshops to see what it's all about.

Sue F. January 16, 2017

Bill was excellent at explaining things in a manner we could understand. He made sure all parties involved in the trust were present and understood the terms and issues. We appreciated his understanding of the elderly and their need for dignity throughout.

Henry and Monica N April 30, 2017

Mr. Newstad and staff are very congenial and easy to talk to. Bill listens to all your concerns and guides you accordingly. Bill is very thorough addressing your needs. Attend one of his seminars. It gives much insight as to what direction to go regarding estate planning.

Joan & Dan S. February 7, 2018

Bill was thorough and professional in discussing the details of my estate planning. He will give you the best advice regarding your estate along with options as well. All my expectations were covered.

Margie S. February 7, 2018

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718.815.5800

William J. Newstad, Attorney at Law is located in Staten Island, NY and serves clients in and around Staten Island, Breezy Point, Brooklyn, New York, Jamaica, Rockaway Park, Ridgewood, Maspeth, Long Island City, Howard Beach, Middle Village, Sunnyside, Woodhaven, Ozone Park, Woodside, Arverne, Elmhurst, Rego Park, Astoria, South Ozone Park, South Richmond Hill, Richmond Hill, Jackson Heights, Kew Gardens, Forest Hills, Corona, East Elmhurst, Inwood, Springfield Gardens, Bronx, Bronx County, Kings County, Nassau County, New York County, Orange County, Queens County, Richmond County, Rockland County, Suffolk County and Westchester County.

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