Medicaid Planning
At Jewell Law Office, LLC, we understand the stress and frustration that often comes with Medicaid planning. We can assist you in preserving your assets and qualifying for Medicaid with as little stress as possible.
Secure Your Future with Comprehensive Planning
The prospect of needing long-term care or entering a nursing home is a significant concern for many seniors in Indiana. Without a proper plan, the exorbitant costs of nursing homes can quickly exhaust your life savings and force the sale of real estate and valuable personal belongings, potentially leading to financial hardship for your loved ones.
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Medicaid provides a vital resource to help cover long-term care expenses, but qualifying for these benefits can be complex and challenging. If you are unsure about your eligibility or have been denied Medicaid benefits in the past, it's important to know that you still have options.
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At Jewell Elder Law, we have extensive experience helping families navigate the Medicaid qualification process. Our holistic approach integrates both healthcare and legal perspectives, allowing us to craft a comprehensive long-term care plan that safeguards your family's financial future and preserves your assets. Let us help you secure the peace of mind you deserve.
Which Type Of Medicaid Planning Is Right For Me?
There are two broad categories when it comes to Medicaid planning:
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Advanced Planning: Creating a plan months or years beforehand is advanced planning. This is wise if you have Alzheimer’s, Parkinson’s, multiple sclerosis (MS) or another degenerative condition. We can help determine how best to arrange your finances over the next five years to preserve assets, plan for long-term care and also assist you in qualifying for Medicaid.
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Emergency Planning: If the time comes that you require nursing home or assisted living care, but you do not have a plan in place, it is time for emergency planning. Often times people start emergency planning following a hospitalization for a serious illness or injury. The earlier you seek assistance the more assets can be preserved.
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In either case, I collaborate with your financial advisor and tax professional to come up with the best strategy for you. I also consider factors such as retirement accounts, estate plans, tax implications and more.
Why Hire A Lawyer?
The rules and regulations surrounding Medicaid are incredibly complex – and are constantly changing. There are also countless tasks such as filing paperwork, reporting your assets and communicating with government agencies. If you make a mistake, you stand to lose much more money than if you hire an attorney in the first place. With me on your side, you have an advocate to guide you with every step.
Discuss Medicaid Planning With An Attorney Today
The sooner you begin planning, the better. We can start helping you as soon as you contact us. To set up an initial consultation head to our Contact Page now!