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.