Medicaid is a valuable resource for covering the costs of long-term care. Even those who believe that they have sufficient assets to cover their long-term care costs need to analyze their finances and consider the possibility that they may need the benefit of Medicaid.
Routine long-term care costs often exceed people's expectations and level of preparation. Should more extensive care be necessary, Medicare will not cover that care cost. A family may quickly find itself without a home or assets. Proper planning can help protect your home.
Taking action now to optimize your finances for a potential Medicaid application can give you peace of mind that all is in order should you need it. When applying for Medicaid, you will need to submit a five-year report on your finances. Even gifts to children can create problems. We can help ensure that the financial choices you make leave you well suited for the Medicaid application process. Additionally, when it is time to apply for Medicaid, we advocate for you and can facilitate this difficult process.
Compassionate Guidance For Your Most Personal Decisions
At the Law Office of Kathleen M. Toombs, we help those who find themselves in emergency situations as well as those taking a long view and working to prepare for the future. Our skill and experience in assisting seniors and their families allows us to help them plan appropriately and put together Medicaid applications that avoid errors that could delay or deny receiving benefits. Come and speak with attorney Kathleen M. Toombs about Medicaid planning. The sooner you start, the more control you have over the process.
Contact Niskayuna Medicare Lawyer Kathleen M. Toombs
If you face the possibility of exhausting Medicare, then you face the possibility of applying for Medicaid, and should take the time to discuss your situation with a skilled and experienced Schenectady Medicaid planning lawyer. Kathleen M. Toombs offers unparalleled guidance to those who face the challenges of paying for long-term care. To schedule a free initial consultation, call 518-379-9753 or contact us online.