Due to precautions related to COVID-19, we have expanded our options for remote document signings and free consultations. Please contact our office to discuss whether a full phone consultation or video conference is appropriate for your situation.

Medicaid

Get Medicaid Coverage While Keeping Your Money

Medicaid’s basic philosophy is that people should pay for their nursing home care before the taxpayers do.

On the surface, this seems eminently logical. However, looking deeper, one finds that if you have never worked, never paid taxes and spent a lifetime on public assistance, you qualify for Medicaid immediately. But if you have worked your entire life, supported the Medicaid system through your taxes, lived frugally, saved money and played by the rules, Medicaid expects you to spend your savings and not leave your family an inheritance.

If you need Medicaid coverage, Kentucky ElderLaw, PLLC, can help you protect your finances to preserve a legacy for your family. We help people get the Medicaid application submitted and approved.

What Is Medicaid Spend Down?

Medicaid requires resources (assets) over the allowed amount to be spent down. These resources may only be spent on the nursing home resident or his spouse. Medicaid cannot tell people what they may spend on themselves, but does not allow people to spend their money on others or give assets to others and then receive Medicaid benefits.

Get Medicaid Advice From Lawyers, Not Your Friends

Many people have listened to advice from well-meaning friends, financial advisers, banks, funeral homes, CPAs, social workers in the nursing home, and even non-elder law attorneys who do not go to the Medicaid office, who do not know what the laws really are, and who do not know what can be done to preserve assets. Much of this information is just plain wrong. We have even had instances where someone has gone to a Medicaid office on his own, has been given completely wrong information from a state Medicaid worker, and has made very expensive mistakes. The state will acknowledge these errors but will not reimburse you for their errors.

Get A Free Consultation With A Medicaid Attorney

Learn whether you qualify for Medicaid and, if you don’t, how you may plan now to get help paying for care later. Contact Kentucky ElderLaw, PLLC, for a free initial consultation. Call our Louisville office at 502-581-1111 or our Bowling Green office at 502-581-1111.Or, schedule by sending us an email.