By utilizing asset protection techniques, we will help you to qualify for New York State Medicaid for both home based services and nursing home care without depleting your hard earned resources. Our law offices will help you protect your assets in order to qualify for maximum benefits and cover essential medical costs and living expenses. Our goal in planning for the elderly is to assist you and/or a loved one so that you or they:
- Qualify for Medicaid and/or other government benefits — preferably before the need arises
- Use the various estate planning tools to shelter and transfer assets (including your primary residence)
- Are prepared to handle and face the cost of nursing home care, assisted living and any other services with which you may be confronted
- Face immediate needs, with the necessary plans
- Develop a plan to care for aging parents or relatives with dementia or other health problems
- Address guardianship issues when you or a loved one can no longer care for themselves
- Prepare to address future needs while the individual still has the ability
Medicaid planning involves knowing how to assess, implement a plan and place the correct assets in the right place. The sooner you start planning, the better your chances of securing your goal and enjoying security in your senior years.