Helping You Qualify For Medicaid

office on back A loved one needs full-time care, but the price tag on nursing facilities seems cruelly out of reach. It can help to have long-term care insurance, but this is something you would have had to arrange for in the past, and it can also be prohibitively expensive. Medicaid can pay for nursing home care, but if you make too much money, you won't automatically qualify. So what can you do? Luckily, there are ways an elder law lawyer can help you manage your loved one's finances that will make Medicaid a possibility. At Phillips & Finley LLC in Florida, we are dedicated to helping your loved one get access to the best possible care.

Protecting What You Have, Paying For What You Need

A big concern people have when planning for long-term care is whether putting a loved one in a nursing home is going to mean certain destitution or at least the loss of property and other financial assets. Luckily, there are tools available that an attorney can use to help you access the resources you need while shielding what you and your family have worked to build. These include:

  • Transferring assets between spouses and loved ones
  • Establishing trusts, including Medicaid qualified income trusts and special needs trusts
  • Discussing investment options
  • Drafting other legal documents like services contracts and promissory notes

Ms. Finley can evaluate your situation and help you implement the best strategy for your Medicaid planning. We can help regardless of how far you feel you are from qualifying at the moment.

Let Us Show You What's Possible

Affording long-term nursing care can seem impossible if you're not aware of the ways you can qualify for the resources you need. Call our DeLand office today at 386-490-8572 to schedule an appointment with Ms. Finley. You can also contact us online to find out more.