Medicaid Crisis Plan
Protect your assets while pursuing your Medicaid application.
Count on our Licensed Attorneys to implement
your Medicaid Crisis Plan
Families who learn that their loved ones require long-term care services often worry that the cost of such services will devastate them financially. This doesn’t need to happen, even if you don’t have time to plan.
At Pfalzgraf Beinhauer Grear Harris Schuller, LLP, we are here to tell you that all is not lost. Our elder law attorneys tailor each asset protection plan to each client individually, making sure your hard-earned income and assets aren’t lost to long term care costs.
A Medicaid Crisis Plan protects what you’ve worked hard to achieve over the years while still securing eligibility for long term care Medicaid. This way, you can enjoy peace of mind and focus on receiving quality care without financially sacrificing your or your family’s future.
At Pfalzgraf Beinhauer Grear Harris Schuller, LLP, we find and create solutions tailored to each client’s unique goals and circumstances.
At Pfalzgraf Beinhauer Grear Harris Schuller, LLP, we are here to tell you that all is not lost. Our licensed attorneys tailor each asset protection plan to each client individually, making sure your hard-earned income and assets aren’t lost to long term care costs.
What is a Medicaid Crisis Plan?
A Medicaid crisis is when a senior needs immediate nursing care services at home or in a facility but isn’t eligible for the program because their assets exceed the eligibility limit. At PB Elder Law, our experienced elder law attorneys can strategically change this situation by reducing countable assets to meet the requirements, while still ensuring you and your family get the benefit of your assets. But keep in mind, these strategies must be done within the legal framework governing Medicaid eligibility and can only be done by a licensed attorney.
Who does a Medicaid Crisis Plan protect?
A Medicaid Crisis Plan can make sure a Medicaid applicant’s family is not rendered destitute in order to pay for the care of their loved one.
A Medicaid crisis not only impacts the senior under skilled nursing care; their spouse and children can also be affected. For example, some of the assets belonging to a healthy spouse, also called a community spouse, are included among the countable resources of the applying spouse.
If the healthy spouse has excess resources above the limit, they’ll be required to spend down unless they develop a legal Medicaid Crisis Plan. Without a Medicaid Crisis Plan, a spouse will end up losing assets over Medicaid’s very low limits.
Some resources are exempt from Medicaid’s resource limits, but most of them are not. There are several last-minute strategies that can be put into place for a Medicaid applicant, their spouse or other family members, which could save a person’s home, investments or other assets from being spent on Medicaid costs.
A Medicaid Crisis Plan can make sure a Medicaid applicant’s family is not rendered destitute in order to pay for the care of their loved one.
Linda Stravalaci Grear, Esq.
Jean E. Harris, Esq.
Daniel J. Schuller, Esq.
The Importance of a Elder Law Attorney
A Medicaid crisis is a stressful situation for both the elder and their family. Unfortunately, there’s often no time to research the best strategies for managing such a crisis. Often times, misinformation is dispensed by non-attorneys, or those working in non-attorney firms that process Medicaid applications, who may be unfamiliar with all of the planning options available. With the help of one of our licensed attorneys, you can achieve so much in a very short time and protect your assets.
We can help you:
- Save your family’s home.
- Ensure your spouse has money to survive on.
- Plan for incapacities.
- Preserve your wealth.
- Attain eligibility for the Medicaid program.
- Compile and submit the Medicaid application
If you find yourself in urgent need of legal help with a family member entering a long-term care facility, or if you are trying to plan ahead for when the time comes – contact us today to get started on to get your plan. We are passionate about getting your loved one the care they need while preserving what they’ve worked so hard to achieve.
We’re here for you with advice that will help you act now to protect your future.
Call us at 716.204.1055 or complete and submit the form below. We are committed to calling back within 24 hours.