Medicaid Nursing Home Lawyer Alexandria, LA
Long-term care services can be costly, and many families and individuals struggle with affording these costs. Thankfully, there are many options available for funding this long-term care. Our Alexandria, LA Medicaid nursing home lawyer can review your care options and guide you to the best option for you or your loved one. Our team at Theus Law Offices understands that ensuring you get the care you need while also keeping your legacy secure is high priority. Let us speak with you about your situation and advice further about which options and strategies will work best for you. If you have questions about Medicaid and how to qualify, we can answer that as well. We are waiting to hear from you.
Long-Term Care Options
Our team can help you figure out if you have assets to pay for your care. Medicaid benefits could be available to you so that you don’t have to pay for care costs. However, without thoughtful planning, family resources could become depleted and/or you may not meet Medicaid eligibility requirements. Let us assess the circumstances and offer guidance on solutions. There are a few options that may be suitable, such as using private pay, long-term care insurance, Medicaid, veterans benefits, reverse mortgages, or life insurance. Private pay means that you use your own personal funds to pay for care. This may be the option for those who have substantial assets or savings that cover care costs. Another option could be using long-term care insurance, which is a policy designed to cover long-term care services. You can purchase this insurance through private insurance companies and it can help pay for care that is not covered by a health insurance policy.
We may suggest applying for Medicaid, which is a state and federally funded program that gives healthcare coverage to eligible individuals, and this includes long-term care. For the state of Louisiana, eligibility is based on assets limits and income. If you want to know how you can prepare yourself, our LA Medicaid nursing home lawyer can help. Contact our team as soon as you can. If you are a veteran, you and your spouse may be eligible for benefits through the Department of Veterans Affairs. The VA offers many programs, such as the Aid and Attendance program, which aims to help cover costs of long-term care. Homeowners can do a reverse mortgage which converts a portion of their home equity into funds, which can then be used to pay for care services. Some life insurance policies offer benefits so that individuals have financial support when paying for long-term care expenses.
Theus Law Offices
At Theus Law Offices, we understand that you may be worried about your ability to pay for long-term care costs. Let us consult with you and offer guidance that alleviates your concerns. There are several strategies that can be used to help pay for care costs. Once we hear more about what your specific circumstances are, then we can make recommendations on what to do. For more information about Alexandria Medicaid nursing home care options, contact our team today.
Over half of Americans will need long-term care or a nursing home. These facilities are expensive, averaging over $100,000 a year. Medicaid will cover these costs, but many people do not know how to take advantage of Medicaid benefits. If you or your family member needs to enter a nursing home and needs help covering the cost of care, our Alexandria Medicaid nursing home lawyer at Theus Law Offices can help. Call today for a free 30-minute consultation and learn about your options.
When To Consult A Medicaid Nursing Home Lawyer
Trying to pay for a nursing home privately puts your family in financial jeopardy. Too many spouses are left in poverty after paying thousands of dollars in nursing home costs for their partner. If you need to move into a nursing home, consult our Medicaid nursing home lawyer first. We can help you get financial assistance from the government so your spouse can stay in the family home and be provided for while you get the care you need.
There are income limits and other guidelines that dictate who is eligible for Medicaid. However, that does not mean you have to be poor to qualify. Our Alexandria Medicaid nursing home lawyer will advise you on how to structure your finances and assets to improve approval odds. Setting up trusts and strategically gifting investments, property, and other valuable assets are just some of the tools we can leverage to keep your hard-earned money in the hands of your family and heirs.
Without the help of an attorney, there is a greater chance that your Medicaid application will be denied. The longer you go without benefits, the more precarious financial situation your loved ones will be in. By working with our Medicaid nursing home lawyer, you don’t have to sacrifice the quality of your care because of cost or ability to pay.
How A Medicaid Nursing Home Lawyer Can Help You
Our Medicaid nursing home lawyer can help you by putting you in the best position to receive government assistance for residential healthcare. We understand the intricacies of the Medicaid application and approval process. Having us as your advocate will benefit you and your family by:
- Assessing your eligibility for Medicaid
- Suggesting ways to manage your finances and assets to make your application better
- Appealing Medicaid denials and standing up for your rights
- Setting up a care plan, including power of attorney and medical directives that align with your wishes
- Establishing an estate plan that addresses nursing home care and preserves your legacy for beneficiaries
Protecting everything you own and everyone you love is a daunting task, especially when it comes to applying for and managing Medicaid benefits to cover the cost of nursing home care. Theus Law Offices guide you with confidence and security, so you and your loved ones have peace of mind knowing premium healthcare doesn’t have to lead to financial ruin. Set up an appointment with our Alexandria Medicaid nursing home lawyer today to learn about your options and take advantage of the valuable benefits available to you.