Medicaid / Long-Term Care Planning

M ost of our clients have worked hard all their lives to retire with a comfortable lifestyle. However, most of our clients simply do not have the resources to pay for an unlimited stay in a nursing home. Such costs can exceed $7,000 per month. The high cost of nursing home care can consume much of the average retiree’s life savings in a matter of months. Our firm assists clients by advising them on appropriate measures to take and mistakes to avoid when it comes to long-term care. We are not a single solution law firm, and Medicaid is not the only solution. We tailor solutions to your unique situation while maximizing all available resources to pay for long-term care, including Medicaid, private payment, insurance and any other options that may be available to fund nursing home care.

When Medicaid is necessary, we file the Medicaid application, along with all substantiations and explanations. We save clients the hassle of endless hours at the Virginia Department of Social Services to obtain Virginia Medicaid eligibility. Because each long-term care problem is unique, each elder law solution is unique. However, the recommended solutions are carefully planned out so that the majority of the assets a potential Medicaid recipient has saved for his or her entire life to leave his or her beneficiaries can be protected from privately paying for nursing home or in-home care.

Even with the new and frequently changing Virginia Medicaid laws, assets can be protected against nursing home costs. We can often protect the home and tens of thousands of dollars in other assets. We can determine which of your assets are Medicaid-exempt and which assets are countable resources for Virginia Medicaid eligibility purposes. Without proper planning, a nursing home stay can result in spending all of your assets on nursing home care, and can delay eligibility for of Virginia Medicaid.

As Virginia Medicaid laws are constantly changing, we make it a priority to stay abreast of changes to the law to better serve current and potential clients. Our paralegal Faye Antezana works closely with Timothy Palmer and our clients to implement comprehensive asset protection strategies for a variety of long-term care planning situations.