In the event that the worst happens, you may end up taking assistance from Medicaid. A common misconception is that you’ll give away all of your assets in order to qualify for medicaid. This myth is perpetuated by people not specialised in elder law, such as social workers, and well-meaning neighbors.
With proper planning with the help of a highly qualified elder law attorney, an asset protection plan can be put in place to protect your hard-earned assets in the event that you become incapacitated.
At Casterline Law, we are capable of helping in non-crisis and crisis Medicaid scenarios. Whether you simply wish to plan for the future with an asset protection plan, or whether you or a loved one have been admitted into a nursing home and have been told that you own too many assets for Medicaid assistance.
Non-Crisis Medicaid Planning
If you’re currently well, but wish to plan for the future then planning for potential medicaid support is a good idea. At Casterline Law, we can help you to implement an asset protection plan to protect your hard-earned assets in the event that you become immobilized and require Medicaid support. With the help of a qualified elder law specialist, you can be sure that you’ll be well taken care of in the event that something happens, and that you won’t have to lose your life savings in the process.
Medicaid Crisis Asset Protection
You aren’t always prepared for the worst. If you or a loved one requires placement in a nursing home and have been told that you have too many assets for medicaid to provide assistance, then you need to urgently get in contact with a qualified attorney, specialising in elder law.
If you have been told that you or a loved one doesn’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 provide guidance through the extremely complex Medicaid system, as well as help to protect from half to all of your assets. That’s even if you’ve already been admitted to a nursing home.
Naturally, we can’t help you unless you get in contact. So, if you or a loved one is currently experiencing a Medicaid crisis, get in contact immediately.