Gain Care And Still Protect Property With Medicaid Planning
The costs of late-life medical care can be alarming. It is natural for adults of all ages in Rhode Island to wonder, “Will the nursing home take my house, my 401(k) and all the other assets I’ve worked so hard for?”
This is perhaps the most common question answered by the Medicaid planning lawyers at Revens, Revens, St. Pierre & Wyllie, P.C. We answer this question by first clarifying that nursing homes do not take assets. However, they do require payment.
If someone does not have Medicaid benefits to pay for nursing home residency, the home and other assets may need to be liquidated to pay. We are here to prevent that from happening.
Qualifying For Medicaid Benefits
Our goal is to make certain you qualify for the Medicaid benefits necessary to cover nursing home residency and other needs while also protecting the assets you have accumulated through a lifetime of hard work. In most cases, the people we represent do not have to give up their homes.
Our attorneys come to these elder law matters with decades of experience. We know all available techniques to help you get the benefits you need to live comfortably.
Effective Planning Necessitates Early Action
With our experience on your side, it is never too late to take action. However, the earlier you act, the better. The sooner you contact our experienced attorneys, the more options we may be able to find to accomplish your goals. We encourage you to be proactive.
Do you want to take asset protection steps now? Is an elderly spouse or loved one acutely ill and in need of immediate assistance? Whatever the case, our nursing home and Medicaid planning attorneys can help. For additional information, contact us at 401-329-0693.