Everyone knows that living in a nursing home is extremely expensive, often costing more than families can afford. Medicaid can help, but it is a need-based program that most people do not qualify for. Fortunately, if you or a loved one needs the support a long-term care facility provides, there are steps you can take to help you qualify.
Since 1972, the lawyers of the Lichtenegger Law Firm have assisted clients with Medicaid planning. We serve clients throughout southeast Missouri, and are always nearby, with offices in Jackson, Perryville and Marble Hill.
What Is Medicaid Planning?
Simply put, Medicaid planning is strategically transferring your assets so that you can successfully apply for Medicaid assistance. Our attorneys use many strategies to accomplish this. What we will do for you depends on your financial standing, how much time you have to qualify and many other factors.
One option is to shift ownership of assets from one spouse to another. Revocable trusts are another way of transferring wealth to allow you to qualify for Medicaid without depriving your family members of their inheritance.
Why You Need An Attorney’s Help
Medicaid law is complicated. You need a lawyer who is highly experienced in long-term care planning and who keeps up on the ever-shifting laws and regulations that control who qualifies for Medicaid. We are proud to serve clients in this unique and technical area of the law.
To learn more about Medicaid planning, contact the Lichtenegger Law Firm at 573-243-8463 and schedule a consultation.