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When using Medicaid to pay for nursing home costs, a common question the elderly have is can Medicaid take your home after death? Learn more
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Can Medicaid Take Your Home After Death? rochesterlawcenter.com
Can Medicaid Take Your Home After Death? www.rochesterlawcenter.com 248-613-0007 543 N, Main St, Ste 222 Rochester MI 48307 rochesterlawcenter.com
How Can Medicaid Take Your Home After Death? • Medicaid is a means-based program. • You need $2,000 in “Countable” assets in order to qualify • Your home is not considered a “countable asset” when applying for Medicaid. • In order to collect costs, Medicaid can take your home after death. • This is referred to as “estate recovery“. rochesterlawcenter.com
Medicaid Estate Recovery Program Can Take Your Home After Death rochesterlawcenter.com
The federal government established a policy that forces all 50 states to try and recover the costs that the state paid for long-term care for a Medicaid beneficiary. • Often times the only asset of value at the time of a Medicaid beneficiary’s death is their home. • State’s estate recovery program typically targets the home after death. Fortunately, there is a solution that can help you protect your home from Medicaid… rochesterlawcenter.com
What You Can Do To Protect Your Home From Medicaid rochesterlawcenter.com
If you have a family member that needs long-term care and you are worried about if Medicaid can take your home after death. • There are proven Medicaid Planning strategies that can help you protect your home while still qualifying for the benefits you need. rochesterlawcenter.com
A Medicaid Planning Attorney Can Help Protect Your Home From Medicaid rochesterlawcenter.com
A Medicaid Planning Attorney can help you in the following ways: • Protect your home from being taken by Medicaid • Apply and qualify for benefits fast, or appeal if you’ve been denied • Qualify for benefits by legally structuring your income and assets according to Medicaid’s rules rochesterlawcenter.com
Next Step rochesterlawcenter.com
SCHEDULE YOUR FREE Consultation CALL US AT 248-613-0007 TODAY! We offer Phone and Web consultations, in addition to traditional in-office consultations. Let our staff know that you prefer to “meet” with one of our attorneys in the comfort of your own home via Phone or Web conference and we will get you scheduled based on your preference. • Free Consultations • No Need To Travel • Do Everything Remotely • No Hidden Fees • Streamlined Processes • Fast, Easy, Stress Free rochesterlawcenter.com