If you’re like most people, you care deeply about ensuring you have access to the resources and care you need later on in life. As you know, healthcare has become increasingly expensive, which is why it’s so important to plan for anything life throws your way. One way people pay for long-term care expenses while protecting their assets, even if somewhat substantial, is through Medicaid; a government-sponsored program created to help pay for these long-term care expenses. If you’re thinking about Medicaid eligibility, our firm is here to walk you through the process and ensure you have a comprehensive plan in place. Contact a seasoned Medicaid planning lawyer from Krause Law for help today.
Nothing is more important than your health, which is why you should absolutely hire an experienced attorney to assist you with creating your plan for long-term care via Medicaid. You can put your trust in a dedicated Medina County, Ohio elder law attorney here at Krause Law to effectively represent you and ensure your goals are met.
Many people turn to Medicaid to help cover the cost of healthcare services administered by healthcare providers who accept these benefits. Notably, Medicaid also covers expenses accrued by those who enter nursing homes and certain assisted living facilities, which, as you know, can be very expensive. That said, to qualify for Medicaid, you will have to meet various criteria, which are rather stringent. Generally speaking, only those with few assets are eligible for coverage, however, with a competent Medicaid planning lawyer, you may be able to restructure (and keep) your assets while also qualifying for Medicaid.
With the help of an attorney, there are several things you can do to receive coverage for Medicaid while also keeping your hard-earned assets. Just some of the ways in which you can restructure your assets to qualify for Medicaid can include:
Ultimately, these are just some potential strategies to restructure your assets and ensure you qualify for Medicaid. Our firm is here to assess your circumstances, determine whether you may qualify already, and, if not, help you devise a comprehensive plan to ensure you do. The sooner you speak with us, the better.
The bottom line is that if you’re looking to create a comprehensive plan for Medicaid coverage, our firm is here to help. Please don’t hesitate to contact Krause Law to schedule your initial consultation with our knowledgeable legal team today.
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