Is There a Way to Protect My Assets If My Spouse or I Need Nursing Home Care?

The cost of nursing home care can be financially devastating and rapidly deplete your lifetime savings. Medicare only covers a limited amount of nursing home care. The Medicaid program can pay for nursing home care and other medical expenses but, in order to qualify for Medicaid benefits, your assets must be below a specific amount. In most cases there are options to protect assets and at the same time bring your assets below the Medicaid asset limits.

The Medicaid eligibility rules are complex and change frequently. It is important to consult with an attorney knowledgeable about this program to get accurate, thorough and reliable advice on your options. The Charland Law Group will assist in dealing with the Medicaid program's rules.

We have in-depth meetings with our clients to explore the options and strategies available to them. After this meeting, we develop a comprehensive written plan that explains the available options and provides a detailed guide to implement the plan. Then, we provide ongoing, step-by-step assistance to guide our clients through the process of accessing Medicaid benefits.

Our law firm can help you with the following:

• Asset protection planning
• Applying for Medicaid benefits
• Evaluating the various care options for you or a family member
• Explaining the limitations on Medicare and private health insurance payment coverage for nursing home care and catastrophic illness

Contact the Charland law Group Today for a free initial consultation.
231-933-4990