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Medicaid Concerns – Importance of Planning

2010 October 27 by

A major concern for aging individuals and couples is that they may need to move into a nursing home or long-term care facility. As you may know, such a move comes at a tremendous financial cost ($8K to $15K per month). Unfortunately, without the proper planning, most people end up paying for nursing home care with their personal savings until they can qualify for Medicaid benefits to pick up the cost. Fortunately, careful planning, whether in advance or in response to an unanticipated need for care, can help protect your estatefor your spouse and your heirs. If you would like to discuss Medicaid Planning techniques please do not hesitate to contact Attorney Michael J. Callahan of Sigman Law Office..

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