f you've found yourself on this page you or a loved one has been diagnosed with a condition that will require skilled care or is already in a facility receiving skilled care. You may have received a letter from Medicaid informing you of the dreaded spend down. I'm here to tell you that there is hope and there are ways to save some or all of your assets depending on your situation
. I would suggest that you do not delay in seeking help and call us and set up an appointment immediately. If you have not yet qualified for Medicaid any delay can create huge expenses. The cost of just one month of skilled care can range from five to ten thousand dollars. Creating a viable plan to combat this should be one of your main priorities right now. Typical planning strategies go out the window (for the most part) at this stage, and we will form unique solutions helpful for your individual situation. Some things we might discuss with you are qualified annuities, exempt purchases, special needs trusts and acceptable penalty periods to name a few. We can put a viable plan in motion that will result in enormous savings. Please talk to us immediately.
OUR SERVICE TO YOU
- Give you a plan of action, fast
- Help you implement that plan immediately
- Assist you in qualifying for Medicaid
EXAMPLE FROM THE FILE CABINET
Bob and Lisa have been married for 40 years and have $245,000 in assets. Bob had a massive stroke and will now require nursing home care. Lisa has just learned that Medicare does not cover extended nursing home care.
Lisa calls the Missouri Elder Law Firm for help. She is afraid that her assets will quickly be exhausted paying up to seven thousand dollars a month for Bob's nursing home care. We are able help her through a creative combination of strategies that she is able to utilize which protects a lions share of her assets and still qualify Bob for Medicaid which does pay for nursing home care.