Medicaid Planning

Medicaid pays almost the entire cost of nursing home care for those who qualify. Regulations
pertaining to eligibility are complex and confusing, and many people do not know what to do. They
think that they must spend down their assets or purchase an annuity. These actions are often
unnecessary. For couples with only one spouse in a nursing home, there are significant financial
protections for the spouse who remains at home (i.e., the "community spouse").

With the tremendous advances in medicine and other contributing factors, healthcare costs are rising
at an alarming rate, meaning that there is a genuine need for asset protection in the world today. Will
you be able to afford nursing home or other long term care without losing all of your assets? As your
Medicaid planning attorney, Ross & Shoalmire, LLP can help you protect your assets from the cost of
nursing home or other long-term care expenses while providing security for your spouse and a legacy
for your children. Make sure that your assets are protected with expert Medicaid estate planning.