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Estate Planning For Seniors Nearing Nursing Home Age
Is It A Possibility That You’ll Have To Relocate To A Nursing Home Soon? Have You Thought About How To Afford It? We Can Help You Protect Your Life Savings & Your Family Through Medicaid Planning!
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Plans Designed To Meet The Unique Needs Of Elderly Adults Who May Need To Be In Nursing Homes
Trust Our Experienced Louisiana Estate Planning Lawyers To Give You Peace Of Mind!
Getting older comes with a variety of new experiences – some of them good, some of them hard – and most adults anticipate certain challenges, but most seniors don’t realize how expensive the final golden years of their 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, you either won’t be able to go into the nursing home, have to spend all of your life savings to do so, or your family 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 assets while still being able to get the care you 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 you have “too much” money, you 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 hard-earned assets in a trust, moving them out of your name so that you can legally qualify for Medicaid. We’ve helped hundreds of families get the right legal tools in place and achieve security for them and their loved ones! Don’t worry. Call today to schedule a free consultation and learn more about what we can do for you.
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