Filing For Medicaid To Pay Nursing Home Expenses

With costs for nursing home and long-term medical care continuing to increase, you may not have enough assets to pay for your care if you become incapacitated. While Medicaid is available to pay these expenses, you must have limited resources to qualify for Medicaid.

At Hoover Andrews, PLLC, in Barboursville, West Virginia, our lawyers help families and individuals plan their estates in a way that preserves their assets for their beneficiaries. By doing proper planning before you file for Medicaid, you can receive the assistance you need, while still providing assets to your beneficiaries.

Medicaid-Planning Assistance

Medicaid planning consists of transferring or gifting assets to beneficiaries so you will be eligible for Medicaid in the future. You can also provide assets for yourself in a special needs trust. Without planning, you would need to spend down your assets before you would become eligible for Medicaid.

The sooner you begin planning, the more options you will have. Recent or improper asset transfers may result in a penalty.

For More Information About Medicaid Planning

To arrange an initial consultation to discuss Medicaid planning with an attorney at our firm, please call 304-521-1040 or toll free at 888-389-5924, or complete our simple contact form.