Press Release: Portland Law Firm Named Age-Friendly Business
Portland law firm Nay & Friedenberg received an Age-Friendly Business Award for its outstanding service to older adults. The award was created by the Age-Friendly Portland Advisory Council and was given by Elders in Action and Venture Portland in partnership with the City of Portland. The law firm was singled out for helping “seniors and their families navigate the complexities of estate planning, long-term care Medicaid, special needs planning and guardianship/conservatorship in a safe, friendly and welcoming environment.”
Founder Tim Nay points out a few trends about which the firm is currently informing its clients:
The Veterans Administration issued new eligibility rules for Aid and Attendance benefits that are not favorable to veterans. These changes can affect eligibility for benefits.
The Spousal Impoverishment Provisions of Medicaid continue to allow Oregonians to protect their nest eggs from the increasing costs of 24/7 long-term care. Monthly costs of nursing home care in the Portland Metro area are edging up to $10,000 per month. Early planning is crucial to avoid impoverishment.
The quality of long-term care has never been more important. Reports of substandard care at “memory care” facilities highlight low staffing and higher rates of resident abuse than nursing homes or other alternatives.
Awards were presented to businesses based on the number of employees in a ceremony at Portland City Hall on October 31. Nay & Friedenberg was the sole recipient in the 20-49 employees category. The firm employs seven attorneys and is known locally and nationally for its expertise in elder law. Nay founded Nay & Friedenberg in 1984.