Start planning for Medicaid assistance now

Did you know that one out of every two women, and one out of four men, will require nursing home care at some stage of their lives? Unfortunately, long-term care is extremely expensive, and the cost goes up every year.

In Idaho, nursing homes charge an average of $6,000–$8,000 per month. Worse, Medicare will not pay for long-term nursing home care, assisted living care, or long-term care provided in the home. All of which helps explain why two out of every three families in the U.S. exhaust their life savings within one year of a prolonged nursing home stay. It is an unfortunate fact that most seniors and their families spend more money on their long-term care needs than they are legally obligated to spend. This is due to a general lack of education and planning in this area. Understanding your legal options to protect assets and qualify for benefits that will help pay for the care you or your loved one needs is the first step.

So are you destined to go broke to get the long-term care you need? Absolutely not! Let Elder Law at Ahrens DeAngeli Law Group help you qualify for assistance from Medicaid, veterans’ benefits, and other sources without spending down your savings or losing all of your assets. We can also help you plan in advance for the possibility of incapacity and the need for long-term care by utilizing a number of powerful asset protection tools, including trusts, life estates, annuities, and more.

Long-Term Care News

Boise Family Experience With Dementia

September 8, 2015|Comments Off on Boise Family Experience With Dementia

 

The Idaho Statesman ran a story today about one family’s experience with dementia.  It is a must read.  Unpaid family caregivers are a huge part […]

Recent Fair Hearing Changes Department Position on Retirement Accounts?

August 17, 2015|Comments Off on Recent Fair Hearing Changes Department Position on Retirement Accounts?

Retirement accounts held in the name of the community spouse should be exempt and not a countable resource in a Medicaid application.  A recent Medicaid […]

Qualifying for Medicaid: Countable and NonCountable Assets

July 13, 2015|Comments Off on Qualifying for Medicaid: Countable and NonCountable Assets

Under Medicaid law, assets are either “countable” or “exempt.” Countable assets affect the individual’s immediate Medicaid eligibility and must be transferred, restructured, or spent down […]

A Medicaid Crisis

A Medicaid crisis is a situation in which someone has been admitted to a nursing home, or must enter one in the very near future, and has been informed that he or she owns too many assets to qualify for assistance from Medicaid. What many people don’t realize is that the information about Medicaid eligibility provided by friends, family, nursing home intake staff, social workers, and other well-meaning individuals is quite often outdated or incorrect. Even well-intentioned professionals often provide only part of the information you need to be fully educated about Medicaid and your options to protect assets. The laws governing Medicaid are complicated and ever-changing.

If you or someone you love is faced with a Medicaid crisis, please contact us as soon as possible. We understand Medicaid law. We have been helping Idaho seniors and their families with Medicaid qualification and asset protection since 1993. We can help you obtain the assistance you need, even if your application has been denied in the past. We can help you and your family protect assets even if you are already in a nursing home and privately paying $6,000+ a month. It is never too late to plan!

Medicaid Pre-Planning

If you’re currently in good health, but want to ensure that you will be prepared for the possibility of incapacity, Medicaid pre-planning, also known as non-crisis Medicaid planning, is for you. We can design an elder-focused estate plan capable of protecting your assets and managing your affairs if you become disabled or otherwise incapacitated. With a well-drafted and properly implemented plan, you help ensure that you receive the care you need in the event of incapacity and that your health care wishes will be followed. You and your family will also enjoy greater peace of mind knowing that you have a plan for the future.

Call Elder Law at Ahrens DeAngeli Law Group today to start the conversation.