Grand Blanc Medicaid Planning Attorneys
Comprehensive Elder Care Legal Support in Flint, Rochester Hills, and Brighton
Nursing homes, similar long-term care facilities and in-home care can be prohibitively expensive. An alarming number of Michigan seniors exhaust their entire life savings in financing the care that they need as they grow older.
This unfortunately common scenario results in the elderly being unable to protect their spouse from impoverishment or leave a legacy for their children and loved ones. Our Grand Blanc Medicaid planning attorneys can assist you in qualifying for benefits that can facilitate the long-term care that you or your loved one needs.
We have an excellent track record in helping clients navigate the Medicaid application process and have a complete knowledge of how to meet Michigan’s program eligibility requirements. Our team has experience assisting families with advanced planning and can also assist in managing crisis scenarios.
Need Medicaid Planning Assistance? Contact Our Michigan Lawyers Today at (810) 645-8426.
What Is the Difference Between Medicare and Medicaid?
There is a common misunderstanding about the important distinction between Medicare and Medicaid.
Medicare Coverage Basics
Medicare is a federal program that provides health coverage if you are 65 or over or under 65 and have disability, no matter your income or assets. Medicare does not cover long-term care services or facilities.
Medicaid and Long-Term Healthcare Costs
Medicaid covers some long-term healthcare costs, including:
- Nursing homes and for those that qualify
- In home care assistance
- And the Program for All-inclusive Care for the Elderly (P.A.C.E.)
It is important to understand how to secure Medicaid benefits if you believe that you or a loved one need long term care now or will at some point require long-term care.
How to Qualify for Medicaid Benefits in Michigan
Beneficiaries of Michigan’s Medicaid program are subject to strict regulations. Without Mannor Law Group’s legal advice, if you have too much property, you risk losing eligibility.
Frustratingly, real estate holdings and retirement accounts both “count” toward these thresholds, making it especially difficult for seniors with any amount of assets to qualify, without Medicaid legal planning.
If your property holdings exceed Michigan’s Medicaid limits, you will need the assistance of an experienced Medicaid lawyer that can identify strategies for legally protecting assets. Our Grand Blanc Medicaid planning attorneys are familiar with how to help clients meet the state’s restrictive requirements and access the benefits that they need.
Proactive Medicaid Planning: Protecting Your Future
If you or your loved one is in relatively good health, you may not be thinking about qualifying for Medicaid benefits in the future. However, it is a generally good idea to proactively prepare for the possibility that you might at some point need long-term care.
We can work with you to create a plan that will meet the state’s asset requirements should you in the future need Medicaid benefits. This plan will leverage estate planning tools to protect your assets, avoiding a scenario where you need to devote a majority of your savings to long-term care.
You will consequently be able to access the funds that you need while preserving assets. You should NOT give away, or “gift,” assets that exceed Medicaid limits. Gifting assets to others can result in your being disqualified from Medicaid assistance for several years or more.
Emergency Medicaid Planning for Immediate Care Needs
Ailments that warrant an immediate commitment to long-term care can appear quite suddenly or can be developing for years. You might receive next to no notice that your loved one will need full-time care.
Without experienced legal advice, this can cause a tremendous financial burden. In many situations, the loved one that requires immediate care will have too many assets to qualify for Medicaid.
Our Grand Blanc Medicaid planning attorneys at Mannor Law Group can assist you in employing strategies to help the impacted seniors become eligible and secure the financial assistance that they need. Discover How We've Helped Others: Visit Our Client Testimonials.
Informative Articles on Medicaid Planning
- What is Long Term Care Medicaid?
- The Top Eight Mistakes People Make With Medicaid
- Avoiding “Accidental Gifts” For Medicaid Eligibility
- Can You Transfer Your Medicare and Medicaid Plans When You Move to Another State?
Get Professional Medicaid Planning Help in Grand Blanc, MI. Call (810) 645-8426 or Contact Us Online for a Consultation.
We're Here for You
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Comprehensive, Holistic Approach to Planning Through Personal Care, Support, and Education
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Nationally Board Certified as an Elder Law Attorney by the National Elder Law Foundation
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Specialized Workshops Offered Throughout the Year to Support You and Your Family