Legacy Design Strategies
Omaha, NE, Minot, ND and Iowa Fall, IA Estate Planning and Elder Law Firm
Estate Planning and Elder Law Blog
Have you ever thought about how you would pay for the health and personal care costs if you or a loved one needed long-term care? Due to the fact that most people are living longer, the likelihood that you will need some kind of nursing or institutional care at some point is great. The Omaha Medicaid Planning attorneys at Legacy Design Strategies will help you prepare in advance for the potential financial burden associated with nursing home care or other long-term care services. Our team applies effective planning techniques to help you protect your nest egg while still qualifying for Medicaid coverage if and when you need it.
Film Daily’s recent article, “Do You Need a Lawyer to Apply for Medicaid?” says that hiring a lawyer for Medicaid applications can provide many benefits and ensure that your family is well-prepared for any future healthcare needs.
Let’s look at some of the big ones:
Expert Knowledge: Our Omaha elder law attorneys specialize in Medicaid and are well-versed in the complex rules and regulations of the program. They stay updated with policy changes and can provide accurate guidance based on your unique circumstances.
Maximizing Eligibility: An experienced elder law lawyer can help structure your finances and assets to maximize your eligibility for Medicaid. They can also advise you on strategies to protect your assets, while satisfying the program’s requirements.
Streamlined Application Process: Applying for Medicaid can involve a ton of paperwork and documentation. A lawyer can help you gather the necessary information, complete the application correctly and submit it on time, reducing the chances of delays or mistakes.
Handling Complex Situations: If your situation is complicated, like owning a business or having multiple sources of income, a Medicaid lawyer can work through the intricacies and ensure that all relevant information is presented correctly in your application.
Appeals and Legal Support: If your application is denied or there are other issues, a lawyer can represent you in appeals or hearings. They can advocate for your rights and help resolve any disputes that arise during the application process.
While hiring a lawyer when applying for Medicaid is not mandatory, their expertise can be invaluable in navigating the complexities of the program.
A lawyer specializing in Medicaid can provide guidance, streamline the application process, and help you maximize your eligibility. Watch our masterclass to learn some of the top five mistakes people make that sacrifice their nest egg to long-term care costs.
Depending on your circumstances, hiring a Medicaid planning attorney can be beneficial in complex financial situations, long-term care planning, dealing with denied applications, or staying informed about changing regulations.
With the right legal support, you can also increase your chances of a successful Medicaid application. The Legacy Design Strategies Omaha elder law attorneys offer a steady hand to guide you through the application’s every detail. Schedule a free call with our team today to learn how we can help empower, equip, and guide you. Whether it’s a complicated financial portfolio, planning for long-term care, or navigating the ever-changing world of Medicaid regulations, remember: in this journey, you never have to walk alone.
Reference: Film Daily (July 25, 2023) “Do You Need a Lawyer to Apply for Medicaid?”
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