If the worst happens, you may end up needing Medicaid to cover healthcare costs in Michigan. A common misconception is that you’ll have to give away all of your assets to qualify for Medicaid. This is a myth perpetuated by people not specialized in Elder Law, such as social workers and well-meaning neighbors.
The first step in qualifying for Medicaid is proper legal planning with the help of a highly qualified Elder Law attorney. An asset protection plan can protect your hard-earned assets if you become incapacitated.
At Casterline Law, we are capable of helping in non-crisis and crisis Medicaid planning scenarios. For example, whether you wish to plan for the future or have been admitted into a nursing home and own too many assets to qualify for Medicaid assistance, we are here to help.
Our experienced Medicaid planning attorneys can help you implement an asset protection plan to protect your hard-earned assets if you become immobilized and require Medicaid support. You and your loved ones can be sure that you’ll be taken care of if something happens and that your assets are protected.
Medicaid Crisis Asset Protection Plan
We can’t always prepare for the worst. Suppose you or a loved one requires sudden placement in a nursing home, and you are told that you have too many countable assets for Medicaid. In that case, the need for a qualified Michigan elder law attorney is immediate.
If you have been told that you or a loved one don’t qualify for Medicaid due to assets, you likely haven’t been told that an elder law specialist can implement an asset protection plan to help protect your life savings.
At Casterline Law, we can guide you through the complex Medicaid system and help protect from half to all of your assets. That’s even if you’ve already been admitted to a nursing home.
Casterline Law Offices, PLLC provides clients with personalized attention focused on each individual’s unique needs. Our legal services include Medicaid planning, estate planning, veterans benefits planning, probate, and real estate law for our Southeast Michigan community. Contact our St. Clair Shores, MI office or our satellite offices in Shelby Township or Novi, MI, to discuss your legal matters today.