Washington Township Medicaid Planning Lawyer
It is not always fun to consider the future when you have a chronic or progressive condition. By understanding the level of care you may need in your later years and how you can pay for it, you can reduce the stress on your family and give yourself peace of mind. Needing that level of care is frustrating and stressful enough. You should not have to worry about how to pay for it.
At Bratton Estate & Elder Care Attorneys, our Medicaid planning attorneys can help you plan for in-home care, nursing home placement, assisted living, and other types of long-term care in Washington Township, NJ. Call us today at 856 770 2744 to learn more.
New Jersey Medicaid Has Strict Eligibility Rules
Only Medicaid will cover the costs of long-term care. Private health insurance policies and other public programs may cover doctor’s visits and hospitalization, but they will not pay for nursing home or assisted living care as defined by the state’s Department of Health and Human services.
To qualify for Medicaid in New Jersey, however, you need to meet strict income and asset requirements. Without proper planning, this means spending down retirement accounts, selling valuables, and giving up assets you wanted to pass down to your children and grandchildren. Only then can you meet the eligibility requirements and qualify for Medicaid.
With Medicaid planning, our attorneys can help you put a plan in place to protect many or all of your assets while qualifying for Medicaid sooner. We know all the legal tactics and solutions that can ensure the next generation gets the inheritance you intended for them. Call Bratton Estate & Elder Care Attorneys today at 856 770 2744 to learn more.
For a legal consultation with a medicaid planning lawyer in Washington Township, call 856 770 2744
Bratton Estate & Elder Care Attorneys Can Help You Pay for Long-Term Care in Washington Township, NJ
At Bratton Estate & Elder Care Attorneys, we have Medicaid attorneys who can put a plan in place to protect your savings from Medicaid. Many people Medicaid services as they age, so planning ahead makes sense. If we start your plan more than five years before you need Medicaid services, we have many more options. We may be able to:
- Put your assets in an irrevocable trust
- Gift money and valuables to your heirs while you are still alive
- Move your money into an account owned and controlled by a trusted fiduciary or family member
- Use a combination of these or take additional steps to protect your hard-earned nest egg and reduce the assets in your name
While we have more options if we have at least five years – the time period Medicaid looks back to check your finances – before you need to use your benefits, we can often help if you need long-term care sooner or if you are already receiving around-the-clock care.
We know how the penalties work when you violate a Medicaid rule. They will prevent you from applying for a certain period of time, forcing you to spend some of your assets. However, we can come up with a solution for your family that balances the maximum amount of protected assets with the minimum penalty to ensure we can still help you spend less out of pocket and get Medicaid benefits sooner.
Call 856 770 2744 now to discuss your case with a member of our team. We can explain your options and go to work for your family today.
Washington Township Medicaid Planning Lawyer856 770 2744
All of Our Medicaid Plans Are as Unique as Your Family’s Needs
We do not offer any type of one-size-fits-all plan. Our Medicaid planning asset protection plans are designed with the individual client and their family in mind. We will look at your full range of assets, your valuables and collections, real estate, planned giving, and many other factors.
In addition, we will consider your health and any diagnosis you may have to try to predict when you may need care and what level of care may be necessary. Then, we can begin to put a plan in place based on your needs, preferences, and priorities.
We can help families with high asset estates or those hoping to preserve their meager savings for an adult dependent child or grandchild they are raising. Let us get to know you and your family today.
We Also Provide Many Other Estate and Asset Preservation Services
In addition to Medicaid planning, our team can help your family with almost any other estate planning or elder care task. We offer a wide scope of services that include:
- Estate planning
- Asset preservation
- Estate administration
- Estate litigation representation
- Life care planning
- Elder law
No matter if you are a young couple about to have your first child or a senior facing a progressive or terminal condition, we have solutions to address your concerns and give you a peace of mind about your family’s financial future. We can create wills and trusts, draw up power of attorney forms, protect assets, and help ensure you remain in control of your future care through a life care plan. Call us today to learn more.
While elder care is one of our focuses, we also offer many options for younger families. We know your children’s future is important to you, and that is why many of our estate plans center on the future of your minor children if something happens to you. Reach out to us today to discuss your options with a compassionate member of our staff.
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Talk to a Medicaid Planning Lawyer in Washington Township, NJ
Bratton Estate & Elder Care Attorneys can help you put a plan in place that will allow you to qualify for Medicaid sooner while preserving more of your hard-earned assets. We can likely help you whether you need nursing home care in ten years or if you have major health concerns today. We can meet with you in any of our four New Jersey offices: Haddonfield, Moorestown, Trenton, or Linwood, or our office in Philadelphia.
Call 856 770 2744 today or complete our contact form to learn more about your options for protecting your assets from Medicaid.
Call 856 770 2744 or complete the Contact us form