Medicaid will pay for the costs of long-term care at your home or in a nursing home if you are eligible. However, Medicaid has a complex set of eligibility rules that are based on a person’s income and assets. A plan developed by someone who does not know the ins and outs of the Medicaid rules can jeopardize your house, savings, and income. In order to prevent this from happening, it is critical for an Elder Law attorney to develop a thorough Medicaid plan for you before applying for benefits.
The eligibility requirements of Medicaid are complicated and constantly changing. Since Medicaid is so complex, there are many risks for people who may decide to put off developing/executing a Medicaid pre-plan.
Our staff is well versed in the numerous eligibility requirements associated with Medicaid. We will meet with you and prepare a comprehensive evaluation of your financial situation. A good pre-plan can be designed to preserve, to the maximum extent possible, your assets for your family members.
We can also assist you with completing the required documents to successfully apply for Medicaid benefits. Be sure to click on our “FAQ’s” page to get a more detailed description of some of the documents we utilize in Elder Law.