Plans Designed To Meet The Unique Needs Of Adults Whose Parents Need To Be In Nursing Homes

Trust Our Experienced Louisiana Estate Planning Lawyers To Give You Peace Of Mind!

Having parents who are getting older is never easy, but most adults don’t realize how expensive this stage of their parents’ life could potentially be. Did you know that in Louisiana, the average cost of a nursing home is $60,000 annually? Or that Medicare only covers up to the first 100 days in a skilled nursing facility? If you don’t plan ahead for them, they either won’t be able to go into the nursing home, have to spend all of their life savings to do so, or you will end up going into debt to foot the bill – none of which are good options. That’s why you need to work with our experienced attorneys. We specialize in Medicaid planning, which means that we can help you come up with a strategy to preserve your and your parents’ assets while still being able to get them the care they need.

Medicaid, a government assistance program, is amazingly well-suited to long-term care, but there are strict income and asset requirements associated with benefits. If your parents have “too much” money, they won’t be able to qualify, but Medicaid is one of the only ways that even “wealthy” families can still affordably and reasonably pay for a nursing home; it’s a catch-22, but there is a way around it. Our knowledgeable lawyers at the Progeny Law Firm can help you protect your parents’ assets in a trust, moving them out of their name so that they can legally qualify for Medicaid. We’ve helped hundreds of families get the right legal tools in place and achieve security for their elderly parents! Call today to schedule a free consultation and learn more about what we can do for you.

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