The Michigan Medicaid Planning lawyer professionals at Jordan Balkema Elder Law Center can assist you with Michigan medicaid planning and long-term care costs related to assisted living.
Do you have a loved one in a nursing home or hospital or are you thinking long-term care may be inevitable?
The professionals at Jordan Balkema Elder Law Center can assist you with planning for long-term care costs.
We understand you have questions, feel free to call us today!
Will Medicare or private health insurance pay for all or part of long-term nursing home expenses?
No. There are only short-term benefits available, if any.
What is Medicaid?
Medicaid is a federal entitlement program that may assist in paying for the costs of a nursing home stay.
What assets can I keep and still be eligible for Medicaid Benefits?
Basically they are: Residence, personal property, whole life insurance with a face value under $1,500.00, certain prepaid burial/funeral arrangements, savings of $2,000.00 for a single person (more if married) and certain annuities.
If I have a spouse, must my spouse’s income and assets be included when determining my Medicaid eligibility?
Yes. However, some of these assets and income can be protected if you know your legal rights.
Once I am in a nursing home, are there still Medicaid Planning options available?
Yes. If you still have assets to protect, there are still planning options available to you even if you are already in a nursing home.
How can the Jordan Balkema Elder Law Center assist you?
The Jordan Balkema Elder Law Center focuses on Medicaid Planning and Estate Planning techniques to assist you in qualifying for Medicaid benefits before you unnecessarily spend your life savings to pay for nursing home care. We will tailor a plan for your family using strategies that will save as much of your assets as is legally possible and qualify your loved one for Medicaid. We will make the process as easy as possible by giving detailed explanations and updates, and promptly addressing any concerns you may have. By using all available techniques, we are able to obtain maximum monthly Medicaid benefits for you and your loved ones.
Under current law, we can assist in legal strategies to make a married person eligible for Medicaid almost immediately. With a single person, most of the assets can also be legally protected.