BLS Services

Affordability Assessment
When your loved one needs long term care, whether it is home care or assisted living or a nursing home, it is important to consider the cost of care along with social, psychological and physical needs. BLS can help you analyze different scenarios to enable you to make an informed decision.

Cash Flow Forecast
Using our customized spreadsheet model, BLS can forecast how long your loved one’s resources will last. This information will help prepare you for any contingency that may occur.

Financial Planning
BLS uses sound financial planning principles to tailor a unique solution to meet each client’s needs. We take into account the wishes of the family, the client’s health status as well as income and estate tax considerations.

Estate Planning
We can help you with strategies to transfer and protect your assets both before and after death. Using properly drafted wills and trusts, we can ensure that your final wishes are carried out. As a service to our clients, we prepare durable power of attorney and advanced medical directive forms.

Medicaid Planning and Application Assistance

Veterans Pension Application Assistance

Bridge Loan
Often, our clients are ready to move into a senior living facility, but they need to sell their house in order to afford it. We work closely with our partner, Elderlife Financial Services, to help obtain a loan that pays for senior living. The loan is interest-only until the house has been sold, when the principal is paid back.

Final Expense Trust
A final expense plan (sometimes called a prepaid funeral and/or burial insurance plan) is a way to protect your assets from Medicaid and creditors, and most importantly, provides assurance that your loved ones will not be burdened with funeral and burial costs during their time of mourning. BLS Eldercare will guide you through the final expense plan process to help you make the best decisions for you and your family.

Reverse Mortgage Analysis
Reverse Mortgages enable homeowners, ages 62+, to convert part of the equity in their homes into tax-free income without having to sell the home, give up title or take on a new monthly mortgage payment. Reverse mortgages can be a good way for seniors to finance long term care needs and gain immediate access to needed capital. As part of our Affordability Analysis, BLS will let you know if a reverse mortgage makes sense for your situation.