For many families in South Florida, the high costs of long-term care leave them facing difficult financial decisions. However, if you are among them, you may have more options than you realized. The experienced Medicaid Planning Lawyers of The Siegel Law Group, P.A., may be able to help you qualify for Medicaid benefits.
Many people mistakenly believe they have too many assets to qualify for government assistance, so they pay out-of-pocket for their long-term care until their nest egg is depleted. But with careful Medicaid Planning, you may be able to receive the financial help you need without losing those assets. For nearly 20 years, Elder Law Attorney Barry D. Siegel has been helping clients in Boca Raton prepare financially for the eventuality of long-term care while protecting their estates.
How Medicaid Planning Works
Medicaid income limits generally favor those having little or no income, but when, on average, a semi-private room in a nursing home costs more than $100,000 a year, even families with moderate-sized estates can’t reasonably afford those costs. Medicaid Planning bridges this gap by including specific language in your Estate Plan and creating appropriate legal documents to restructure and protect your assets. This financial strategy can enable you or your spouse to qualify for Medicaid should long-term care become necessary.
Crisis Planning: When You Need Assistance Now
If you or a loved one already struggles under the weight of long-term care costs, you may still be able to receive assistance. Let us evaluate your options and guide you through the process of qualifying for Medicaid. Call our offices if you need immediate assistance.
For nearly 20 years, Elder Law Attorney Barry D. Siegel has been helping clients in Boca Raton prepare financially for the eventuality of long-term care while protecting their estates. For a complimentary consultation with an experienced Medicaid Planning Lawyer in South Florida, call us today at 561-955-8515 or 855-FLA-ESTATE.