Medicaid Planning

Families often come to Elder Law of East Tennessee when they are struggling to understand how to pay for care needs of an elder or loved one with a disability with diminishing private funds. Accessing benefits through Medicaid to pay for long-term care in a nursing home, assisted living facility, or at home is a large focus of our planning process. A Medicaid Asset Protection Plan is perfect for people who wish to get their finances in order and find ways to pay for long-term care so that their worries are lifted and they get the care they need.  It is also an option for people who cannot qualify for long-term care insurance.

A Medicaid Asset Protection Plan from Elder Law of East Tennessee addresses major concerns such as the cost of care, running out of money, and losing the homestead or life savings to care. It includes a comprehensive Estate Plan plus a strategy for qualifying to receive Medicaid CHOICES benefits. By planning ahead with a Family Asset Protection Trust, our clients position themselves to qualify for benefits without depleting savings.  These public resources can pay for long-term care in a nursing home, in an assisted living facility, or in the home.  Families enjoy the comfort of knowing how long their money will last and how to best supplement their own funds with Medicaid benefits.

Just like other public benefits programs, Medicaid benefits change frequently. We stay on top of it all. We help clients structure their legal and financial affairs so that they have the best chance of qualifying for Medicaid as soon as possible while preserving hard-earned resources.  Our Public Benefits Advisor works one-on-one with clients to assess their resources, find out what benefits they may qualify for, and help them obtain those benefits.  For our Life Care Planning clients, we also assist in the preparation and processing of Medicaid applications and appeals.

Before you become convinced that you can’t afford the care you need or that you will lose the home and resources you’ve worked so hard to earn, talk to us at Elder Law of East Tennessee.  We will tailor a plan to fit your unique situation and help you to implement that plan.  Let us help ease your mind and put a plan in place that assures you will get the best care when you need it.  To find out more about how Elder Law of East Tennessee can help with your Medicaid Asset Protection Planning, contact us at 865-951-2410.