Get Help With Medicaid Planning
Medicaid is a lifeline for many seniors who need quality medical care, especially long-term care. However, qualifying for Medicaid can be challenging due to the program’s income and asset limits.
At Jen Haskins Law, LLC, I can help you navigate the many intricacies of Medicaid planning. I’m an elder law attorney with more than a decade of experience guiding clients through the process. I work with seniors and their adult children across the state of Georgia.
Can Medicaid Help Pay For Nursing Home Care?
Generally, yes. Nursing home care is the most common reason why people pursue Medicaid. Without the program, they couldn’t afford the care they need.
Navigating Eligibility Requirements
To qualify for Medicaid as a senior in Georgia, you must be at least 65 years old. You must demonstrate that your income and assets are below the threshold.
The income and asset limit for Medicaid in Georgia changes every year. I can advise you of the current limits and the spend-down amount that might apply to your situation.
There are other ways to qualify for long-term care through Medicaid even if you aren’t 65 or older – for example, if you’re disabled or in need of nursing home care.
Medicaid Planning Strategies
The most effective way to plan for Medicaid is to establish an asset protection plan at least five years before you need to qualify. This will avoid the five-year “lookback period” – which is the 60-month period immediately preceding your application. If you gifted or transferred assets during that period, it may impact your eligibility. However, there are many misconceptions about the lookback period, and you shouldn’t let it discourage you. Tools such as Miller Trusts can preserve your eligibility for Medicaid without requiring a massive spend-down.
I’m very familiar with the many aspects of planning for nursing home care. I can advise you of your options and help you put the right plan into place for your situation.
Start Planning For Medicaid Today
Take control of your future by putting a Medicaid plan into place. I’d be happy to help. I can also help you if you’re already in need of Medicaid and don’t have a plan in place.