Medicaid Asset Preservation & Long Term Care Planning Strategies
Long-Term Care Costs Are the Biggest Threat to Seniors’ Financial Security
Whether care is provided at home or through facility-based care such as an adult family home, assisted living or nursing home, Long-Term Care is expensive! It doesn’t take long to deplete funds where the Long-Term Care cost exceeds $100,000 per year.
You are not alone. Many seniors and their families are greatly affected by the cost of Long-Term Care. We will carefully and competently guide you through the options and help you find, maintain and pay for Long-Term Care so that the demands of caring for a loved one in need do not overwhelm your family.
Rest assured that it does not have to be a choice between quality of care and protecting assets. Long-Term Care planning is about finding a balance between both. Our firm is knowledgeable about the legal issues and benefits available for planning for Long-Term Care. We care deeply about helping you and your family create a plan that eliminates worry and fulfills goals.
Medicaid is the primary government benefit program that pays for Long-Term Care. If you are not able to cover the costs of Long-Term Care through your private insurance or your wealth, we can provide effective strategies to qualify for Medicaid benefits without going broke.
Spokane Medicaid Planning Attorney: Medicaid Asset Preservation Strategies® (MAPS®)
Without parallel, Medicaid laws are complex, confusing and ever-changing. Qualifying for Medicaid Long-Term Care benefit programs is an extremely focused area of law. At ELG Estate Planning our practice focus results in excellence in analyzing and implementing Medicaid Asset Preservation Strategies® (MAPS®) to preserve assets without compromising on care.
No matter your asset level, your state of health, or your Long-Term Care need, it is not too late to make an effective plan to ensure your quality of care and preserve assets. Let a Spokane Medicaid planning attorney from our team help you find the Medicaid Asset Preservation Strategies® (MAPS®) that is right for you.
- Protect financial assets while still obtaining vital Long-Term Care for you or your loved ones through our Smart Spend-Down checklist and procedure
- Create the necessary Estate Planning documentation to qualify for Long-Term Care benefits
- Advance planning for your estate to ensure flexibility as your circumstances change
- Avoid the State’s lien on assets for Medicaid benefits provided
If you or your loved ones are in need of a Medicaid Asset Preservation Strategies® (MAPS®) Lawyer in Washington, contact a Spokane Long-Term Care planning lawyer from ELG Estate Planning for help.
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