BENEFITS OF MEDICAID PLANNING
Proper Medicaid Planning can help you legally structure your assets to qualify for Medicaid so that the government benefit pays for long-term care instead of you.
BENEFIT #1 The average cost of long-term care in MI is $108,000/year – Get Medicaid benefits to pay for long-term care so you don’t have to lose everything to pay for a nursing home.
BENEFIT #2 Ensure that Medicaid or the nursing home won’t take your family’s house just to pay for your care.
BENEFIT #3 Preserve your assets for your family to inherit.
BENEFIT #4 Make sure the healthy spouse who lives at home will have the finances needed to continue living at home.
MEDICAID PLANNING Time is critical and eligibility for Medicaid is extremely complicated. pre-planning help you to get benefits early. REFERENCES https://rochesterlawcenter.com/practice-areas/medicaidplanning-michigan/