Only the very wealthy can afford to NOT think about Medicaid planning. Without an effective plan, decades worth of savings, and possibly even the family home, can be lost to nursing home bills.
An effective Medicaid Plan can preserve assets for your spouse and your children. It can often ensure that your spouse can stay in the family home, and keep some or all of your assets and income. This is especially true if your spouse must enter a nursing home, and you want to remain in the family home.
Did you know?
The average cost of nursing home care in the Delaware Valley
exceeds $10,000.00 per month.
Medicaid planning can be tricky, and the rules are very complicated and constantly evolving. Dates and numbers make all the difference. A miscalculation can cost tens of thousands of dollars in lost savings. Having an experienced elder law attorney, like Mr. Nogowski, guide you through the process, can help you save time and money.
In virtually every case, the legal fees that you pay for elder law services are essentially free – they do not really “cost” you anything in the long run. Medicaid rules recognize elder law legal fees as a necessary and approved expense. Medicaid Planning almost always increases the amount of money you or your family get to keep.