Medicaid & Long-Term Care Planning
Protecting Your Assets While Providing for Medical Care
Medical care for individuals with disabilities or long-term care needs can quickly drain a family’s assets, leaving very little to a family’s wealth or even the ability to cover care for an individual. Advanced Legal Planning, PLLC helps families create protective plans that shield a family’s assets while also allowing for individuals to qualify for the care programs that they need.
How We Help Navigate Medicaid & Long-Term Care
Planning Ahead: In cases when we can plan in advance, we help families put protective plans in place well before care is needed. This allows us to structure assets using estate planning tools like trusts so that the discussion about assets affecting eligibility for care has already been answered.
Crisis Planning: Life happens fast and when a crisis arises, we help families understand available courses of action and guide them in creating and implementing a plan that is right for them.
Preserving Eligibility: Medicaid has specific rules surrounding income, assets and the timing of transferring assets. We help families navigate these rules carefully, protecting an individual’s ability to receive their care they need without delay.
Protecting & Supporting the Spouse: While Medicaid has many specific rules surrounding income and a family’s assets, they also allow for assets to be used by a spouse who remains at home when their spouse is in long-term care. We help our clients navigate these rules and have access to the funds they need to live their life.
Coordinating and Working with Your Estate Plan: All of our Medicaid and long-term care planning efforts are mean to work in concert with your existing estate plan documents, and if there’s a conflict, we can help you address and adjust your estate plans as needed.
Face the Future with Confidence
The families who navigate long-term care the best are usually the ones who planned before they had to. Wherever you are in your journey, Advanced Legal Planning, PLLC can help guide you in creating a plan that provides the care you or your loved ones need while protecting your assets.
Rely on Advanced Legal Planning to Protect Your Family’s Future
Advanced Legal Planning, PLLC is here for you. Contact us to discuss your medicaid & long-term care planning needs and learn how we’ve helped Idahoans navigate complex, and sensitive legal topics with compassion and understanding.
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