MEDICAID PLANNING & APPLICATION
WHAT IS MEDICAID?
Medicaid is a program that works at the state level with federal laws. Its purpose is to assist the less fortunate in paying for health care. In some instances it can be used to pay for nursing home costs or skilled nursing care at home. When the time comes to actually apply for Medicaid, there are many factors that will determine whether or not you qualify, such as your gross monthly income, the value of your assets, and your available resources.
To put it simply, the goal of Medicaid planning is to place you in a position to be eligible for Medicaid when you need it in the future, while simultaneously securing your assets for your loved ones. A well-structured plan will guide you to get the right assets in the right place when it’s time to apply for Medicaid. This step involves creating the proper estate plan, considering asset protection, health care needs, and your resources.
The law regarding Medicaid eligibility is just as complex as any tax law and for most people just as confusing. It’s in your best interest to seek the counsel of an experienced Medicaid planning attorney — one who stays up-to-date on current laws, has experience with the process, and is familiar with the local governing bodies in charge of it. Charles Kennedy will help you gather the required information, prepare your application, and avoid costly Medicaid mistakes.
If you need assistance creating a plan or qualifying for Medicaid, or even if you just have questions, don’t hesitate to schedule an informational consultation.
SEE IF MEDICAID PLANNING IS RIGHT FOR YOU
To find out if Medicaid planning is right for you, call 817-697-2507 or contact Medicaid attorney Charles Kennedy to discuss your options. If you qualify, Medicaid can act as your health care safety net — and that means you’ll have one thing less to worry about during your golden years. With that peace of mind, you and your family can spend less time wondering about the future and more time enjoying the present.