Medicaid Planning and Applications

Medicaid Planning And Applications Guidance That Benefits Your Senior Loved One

Estate plans, annuities, penalties, spend-downs, look-back periods: these terms can be overwhelming for people facing the Medicaid system. It is essential to work with experienced estate planning and Medicaid attorneys when filing for Medicaid benefits.

At Street & Ellis, P.A., our elder care attorneys have more than 40 years of legal experience. We can help you maximize your benefits and walk you through the entire process.

Experienced Delaware Medicaid Planning And Applications Lawyers

Many people avoid dealing with Medicaid planning until it is too late. When you are at the point of needing Medicaid assistance immediately, it is not Medicaid planning at all, but crisis control. Although this is quite common, and we frequently represent clients in crisis control, we encourage people to plan ahead for Medicaid as much as possible.

If you wait too long to plan for Medicaid, you could lose a lot more than you anticipated, limiting your ability to retire comfortably according to your own financial plans, as well as your ability to leave behind an inheritance for your loved ones in your estate plan. Without proper planning, your entire estate could be consumed paying for long term care and leave much too little to provide for your spouse's needs and leave literally nothing as an inheritance for your loved ones.

Some people try to save legal fees by avoiding this type of planning, only to wind up in a crisis-control mode that costs them twice as much to get half as much done. If you contact us early, our Dover Medicaid attorneys can help you plan for Medicaid in a way that maximizes your assets and minimizes your loss.

At Street & Ellis, P.A., our knowledgeable elder care legal team can help you:

  • Maximize Medicaid benefits while still leaving an inheritance for your loved one
  • Spend-down your assets to avoid penalties but maximize the benefits for you and your family
  • Make sure funeral and burial arrangements are covered

The costs of Medicaid planning are often paid from estate assets that would otherwise be lost paying for the costs of care — and so often the actual loss to the spouse or family is insignificant. Veterans benefits are sometimes helpful in paying for the costs of care, but proper planning requires a comparison of the benefits of VA vs. Medicaid to maximize either for a complete plan.

Medicaid planning should be analyzed for any person or family whose estate is between $1-$2 million. We have analyzed all available benefits and processed the actual applications for hundreds of families over the decades.

We have extensive legal experience, and personal experience too — we have been through the Medicaid process with our own parents. We can relate with the complications you are facing, and we can help you.

To arrange a confidential, convenient initial consultation with Street & Ellis, P.A., in Dover, call locally at 302-724-4960 or toll free — 888-353-2314. We respond promptly to all email messages.