When it comes to planning for nursing home care, do not go it alone. A qualified elder law attorney can help you choose wisely among the available options, ensure you understand what each option costs, and determine if steps can be taken to shield life savings from immediate depletion?
Do you know how to qualify for Medicaid and why it is important? Medicare and Medicaid are two different programs. Medicare is available to all senior and disabled adults, but typically has a limited nursing home benefit, paying only for 100 days of care. If you are at the point where you are considering long-term nursing home care for your loved one, Medicare alone will not be enough. See if your loved one qualifies for Medicaid. One of the primary qualifications for receiving Medicaid benefits is an individual’s income level and assets. If a person qualifies, Medicaid will cover nursing home costs.
Above all, an elder law attorney can help you with the process of obtaining Medicaid services for your loved one. It can be important to go through these steps with an attorney instead of trying to go it alone, as your attorney can advise you of whether Medicaid may seek to recoup costs from your loved one’s estate down the road. By all means, your attorney can help you with estate planning strategies on behalf of your loved one that may minimize the depletion of their life savings due to Medicaid. An attorney can counsel you on how best to proceed with your loved one’s best interests in mind.
Our office is committed to excellence in practicing elder law, including Medicaid and long-term care planning. Please reach out to us to schedule an appointment.
Do you question the need for attorney guidance with so many online resources? Because laws and regulations are complex, and because every person has a lot at risk, more people than ever are seeking professional guidance from an experienced, knowledgeable source. That helps explain the rapid growth of our firm. Whether you happened upon this website by accident or are one of the many referrals we receive from a nearly 15-year collection of satisfied clients, our staff can provide customized estate planning guidance for you. Call us. Our number: 1 (772) 218-0480
Written by: John Mangan, JD, MBA