Elder Law Services

Medicaid Planning

Finding out that a parent, spouse, or relative will require long-term care at a nursing home or similar type of facility can be stressful, especially when financial resources are limited. Nursing homes can be notoriously expensive, costing several thousand dollars per week and potentially draining the assets you or your loved one worked so hard to build. A feasible alternative for many is to resort to Medicaid benefits to cover the costs of long-term care, but it is important to understand how Medicaid works and how your loved one’s assets may still be on the line without proper plans to protect them.

Because Medicaid is not self-funding, recipients of Medicaid benefits may be required to repay the government for the benefits they receive. With a few exceptions, any property or asset that is considered part of the decedent’s estate may be subject to estate recovery. This means that if you or a loved one received Medicaid benefits, the Commonwealth might use any asset in your estate (or your loved one’s estate) as a repayment for the costs of care.

If you or someone in your family needs to apply for Medicaid, a Rosemont Elder Law attorney can be an essential advocate to help you navigate the application process and be accepted. In addition, an attorney can help you understand the ever-changing Medicaid rules and requirements, including key details about the 5 year look-back, the application process and the estate recovery program.

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Estate Planning

Everyone can benefit from estate planning because it deals with issues that touch everyone’s lives. While no one wants to think about death or the possibility of disability, incapacity, or the need for long-term care, we all must address these issues at some point in our lives.

Estate planning provides answers to these important questions:

Who will protect my interests if I am disabled or otherwise unable to do so? Who will step in on my behalf and make my medical and financial decisions during a time of crisis?
Who will care for my children if I die and how can I ensure that they are protected?
Who will get my property after I die? How will my affairs be settled?
How can I preserve my legacy for future generations?

Estate planning is the process of preparing for the future, both during your lifetime and beyond. Through proper estate planning, you take control of your future, ensuring that your interests are protected, your wishes carried out, and your loved ones relieved from the uncertainty and anxiety of making many tough and personal decisions in your absence.

Leaving these major financial, medical, and legal decisions unaddressed often leads to problems, miscommunications, and delays, in times when answers are needed most.

Our estate planning attorneys at Rosemont Elder Law can help prepare an individualized plan to address and prioritize these goals and provide security for you and your family.

Close-up of a person writing in a notebook with documents and a calculator, managing finances.

A happy elderly couple sharing a joyful moment on a swing in autumn setting.

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Reach out to our team for a complimentary 15 minute phone call and discover how we can help you navigate elder law challenges.

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