A Medicaid Attorney Can Save You Money in the Long Run
Many people are reluctant to hire a lawyer to help them with Medicaid planning. They are afraid the cost is too high or that it is a service they do not need. Yet, for many families, having a Medicaid attorney on their side can help them save money in the future. It can also ensure that their loved ones receive the best possible care in their final years.
Unfortunately, many families believe this is a service, and an expense, they do not need. As a result, they try to navigate the world of long-term care and Medicaid on their own.
Medicaid is a joint federal-state program for low-income individuals. There are federal requirements and state requirements before becoming eligible for Medicaid. California's Medicaid program is known as Medi-Cal. There are many Medi-Cal insurance programs in the state. These programs range from basic medical coverage to nursing home programs.
Meeting the requirements for these programs is not easy. Qualifying for Medicaid is not as simple as simply filling out the application. There are strict requirements to meet. As such, many individuals must spend down their assets before applying. An experienced Medicaid attorney can help guide you through the process. Your attorney will give you the best chance of having your Medicaid application approved.
Benefits of Hiring a Lawyer for Medicaid Planning
In California, hiring a Medicaid attorney has many benefits, including:
- No Conflict of Interest. Sometimes families hire a non-lawyer referred by the nursing home. This has problems of its own due to conflicts of interest. It is in the nursing home's best interest to have your family pay privately for as long as possible. When your loved one plans out long-term care, it is important to know you are receiving guidance from someone with your best interests in mind.
- Saving Money. Depending on where you live in California and how much care you need, a nursing home can be expensive. Nursing homes charge between $35,000 to $150,000 a year. While hiring a Medicaid attorney can cost money upfront, many families save this money in long-term care and probate costs.
- A Medicaid attorney is very knowledgeable about Medicaid eligibility laws in the state. They can also help establish trusts and estate plans to restructure assets. Restructuring assets can help you meet Medicaid's financial eligibility requirements. They can also suggest long-term options for preserving funds while maintaining as much independence as possible. As such, Medicaid attorneys are a complete solution for managing your loved one's final years.
- Peace of Mind. Making a plan for long-term care is confusing and complex. There are rules and requirements in the state that can make the process difficult for families. An experienced Medicaid attorney can help you review all of your options for the future. If obstacles arise at any point during the process, you can rest assured knowing your loved one's interests are being considered every step of the way.
Contact A Medicaid Attorney in Upland, California Today
If you have questions about long-term care or Medicaid, you need a knowledgeable Medicaid attorney on your side. From the start, your attorney can help you plan for the future and give you the best chance of qualifying for Medicaid. With the right long-term care and planning, you may qualify for Medicaid sooner than you think.
Our Medicaid attorneys can assist you with senior housing and long-term care options. At Family First Estate Planning Law Center, we proudly provide estate planning services in Orange County, San Bernardino County, and Los Angeles County. Call us today at (714) 591-0640, email us at [email protected], or fill out our confidential contact form to learn more.