Medicaid and Long Term Care Planning

Kitroser Lewis & Mighdoll helps individuals and families with their long term care planning needs. We know how difficult it is to think about your future, when you might be incapacitated and unable to care for yourself, but we also know that individuals who are prepared for this possibility ahead of time will have a much better chance of navigating it gracefully in the event that it arrives. Still, individuals who wait until the last minute to complete their long term care planning will have legal options at their disposal too.

In order to start receiving Medicaid benefits, individuals must have met specific asset level and income level restrictions. Some individuals are worried they will need to spend all their savings on medical care before the Medicaid will trigger into effect. This is not necessarily true. Strategies exist that allow individuals to maintain access to much of their personal wealth while still qualifying for Medicaid.

Individuals who are married need to remember that simply gifting one’s asserts to a spouse is not sufficient to qualify for Medicaid. Furthermore, any income generated by a spouse will also affect Medicaid eligibility. However, even in these kinds of situations, long term care planning strategies can be implemented in order to get the government medical assistance you need.

Kitroser Lewis & Mighdoll has been working for nearly 100 years to help individuals maintain their savings while at the same time qualifying for Medicaid. Best of all, a first-time, no-obligation consultation with our office is completely free of charge. We will listen to your story and tell you what your legal rights and options are.