Do you need help navigating Medicaid and long term care planning for you or a loved one? Learn how our Lexington attorneys can help you obtain Medicaid coverage and protect your assets.
More and more families are discovering that long-term care costs for an elderly family member can rapidly deplete an entire estate. To protect those assets, it’s vital to seek qualified legal assistance. This can be for matters related to Medicaid and long term care planning.
Lexington estate planning attorneys have the expertise to help you obtain Medicaid benefits. These benefits can either cover completely or greatly assist in paying for skilled nursing, assisted living, or in-home care when the time comes. Beginning the planning process as soon as possible can help you to protect estate assets. Additionally, while ensuring the elderly family member has sufficient care.
Understanding Medicaid and Long Term Care Planning
Medicaid is a nationwide healthcare program designed to help low-income individuals and families obtain financial assistance. This assistance is for the costs involved in long term care for seniors. With proper planning, families can access Medicaid resources rather than drain savings accounts and estates to cover the high costs of care.
Taking advantage of Medicaid can also help families afford the appropriate level of long-term care. Rather than settling for less than the individual needs for optimal health, comfort, and quality of life. An attorney with experience helping seniors qualify for Medicaid will have the knowledge and strategies to bring the individual and family members peace of mind during a challenging time.
What Kind of Long Term Care Planning Is Available?
Lexington attorneys offer two types of long-term care planning, depending on the client’s situation:
- Pre-Planning: If you have five years or more to plan for a loved one’s long-term care, an attorney can help you through the pre-planning process. A pre-planning strategy will ensure plans are set in advance to facilitate the best care and maximum asset protection.
- Crisis planning: If you need immediate financial assistance through Medicaid for long-term care costs, an attorney can still help. Even if you don’t have time to make plans in advance. A Lexington law firm can provide ethical, legal strategies to help you afford the necessary care. All while avoiding asset depletion during a crisis.
Call a Lexington Attorney for Medicaid and Long Term Planning Today
Many individuals and families discover the process of qualifying for Medicaid and dealing with long term planning on their own can be complicated and overwhelming. Choose the qualified attorneys at McCutchen McLean, LLC to get the expert guidance and assistance you need. Contact our Lexington office at 803-785-4529 today to learn how we can help.