Protecting Your Family in a Nursing Home Payment Crisis Situation
We can protect your family when you are at risk of going broke and/or losing your home because either someone is already admitted to, or is about be placed in, a nursing home.
What is a "Medicaid Crisis"?
We define a Medicaid crisis as a situation where an individual has either been admitted to or is about to be placed in a nursing home, and they have been told that they have too much money or too many assets to qualify for Medicaid. The family is facing long-term health care costs ranging from $5,000 to $10,000 per month, and the only source from which to pay those expenses seems to be the family’s life’s savings.
It is not unusual for well-intentioned individuals to give a family incorrect advice regarding their ability to qualify for Medicaid. As Medicaid crisis attorneys, we are aware of at least 30 money-saving strategies to help single individuals in this situation and more than 60 strategies to help married couples in this situation.
We know the legal rules to help qualify a loved one for Medicaid and to preserve the maximum amount permissible. Many of our clients have been told by nursing home intake staff, social workers, Medicaid workers, and others that they do not qualify for Medicaid. Nonetheless, we regularly save our clients between $100,000 and $500,000 of their life’s savings.
And, if you can provide us with some basic information regarding your income and expenses, we can tell you promptly how much money we can save you and when your loved one would be qualified for Medicaid benefits. It is never too late to call us, unless all of your assets have already been spent.
Other Asset Protection Strategies
We evaluate the suitability of long-term care insurance and other catastrophic illness protection strategies in light of your particular circumstances. We also evaluate the quality and benefits of specific long-term care insurance policies. Contact us today to schedule a free, no-obligation consultation.