It’s no surprise that people are living longer healthier lives, in fact many people are living to the average age of 78 years old. That is up 10 years from 1960, when the average age of death was 68. Living longer lives can carry a burden on loved ones and individuals that need help long term from Medicaid in Michigan.
At Longstreet Elder Law & Estate Planning a qualified Medicaid planning attorney can develop strategies to help our clients pay the costs associated with long-term care and protect your assets.
Working hand in hand with our clients in Michigan, we strive to ensure you and your loved ones are taken care of. Elder law involves helping seniors and the people who love them plan for the legal, financial, and emotional challenges that come with growing older. In particular, Medicaid planning deals with the growing problem of how to pay for long-term care.
The best planning and preparation for life in later years can still lead to uncertainty and fear for individuals and their families when a health crisis arises. We will work closely with you, our client, to design a plan to protect your life savings against the cost of long-term care while at the same time ensuring you or your loved one receives the care needed. When families are informed that a loved one needs long term care, they often believe that their only option is to use their life savings before becoming eligible for assistance. The attorneys at Longstreet Elder Law and Planning are here to help our clients and their families during these times of uncertainty and stress. Let us help alleviate that stress and give you and your family peace of mind.
Medicaid is a government program that can assist in paying for long-term care at home, in an assisted living facility, or in a nursing home. Medicaid has strict eligibility standards based on your medical needs, financial resources, and income. Oftentimes people believe that due to the asset and income limits in place, they will not qualify for Medicaid benefits in Michigan.
There is a lot of misinformation and families often obtain advice from well-meaning individuals who lack the expertise to guide family members and help them avoid spending their life savings on care. Depending on whether the individual is single or married, there are many strategies available to obtain Medicaid benefits and preserve assets.
Lean on Longstreet Elder Law & Estate Planning to help assist you with your Medicaid planning, to ensure you and your families assets are protected.
There are several different Medicaid programs in Michigan available to seniors who qualify. They have different requirements and benefits, making the process overwhelming and confusing. Our office of experienced attorneys can help navigate the process and guide family members each step of the way. Contact us today for a free consultation and cast your worries aside!