Medicaid Planning, Nursing Home Planning
It is not necessary to drain your bank account or spend all your assets when a loved one or spouse needs nursing home care or to plan for Medicaid.
Without a good lawyer on your side, it can be difficult to sort through the truth, the many complexities and the myths about long-term care. Many people believe in the old notion that to protect their assets, they need to give away assets to family members at least three years before entering a nursing home (by the way, since the Deficit Reduction Act of 2005 there is a five year lookback). While this may be a good idea for some, it is not for everybody.
- First, there is no guarantee that the nursing home is the best option.
- Second, if gifting is done improperly, it may cause you to lose Medicaid benefits you might otherwise be entitled to. Gifting your assets without the assistance of an experienced Elder Law attorney is foolish and usually substantially limits your choice and quality of care.
A consultation with a local Medicaid Attorney can help you determine the best way to protect and enjoy your assets while preparing you for whatever the future holds. Even if a loved one has already encountered a disability and is facing difficult decisions today, it is usually not too late to plan and protect your assets. The sooner you start the sooner a plan can be designed and steps can be taken to achieve your goals.
I have 10 years of experience dealing with almost every issue related to senior care. I help families qualify for Medicaid nursing home services, secure home-based care and other assisted living arrangements. I am here to guide you through the entire nursing home / Medicaid process, personally. I take pride in working with each family myself to assure the job is done right and I represent my clients personally in Medicaid hearings and appeals.I work to give your family peace of mind and save your family’s hard earned money that doesn’t need to be spent on the nursing home. If you are a senior citizen, or are simply concerned about your aging father, mother, grandfather or grandmother, know that you can trust The Shea Law Firm.