Whether you are looking to protect assets well in advance of entry into a nursing home or need immediate assistance, our White Plains law office is here to assist you. Expert New York Medicaid lawyers excel in preparing estate plans with asset protection in mind. Even if you did not engage in any advanced nursing home planning or Medicaid planning, it is still likely that our White Plains lawyers can help you with asset protection in a crisis. The earlier you contact us, the better chance you can protect assets for a spouse or other loved one.
The Importance of Medicaid Planning in New York
Medicaid is a Federal and State program, and the rules vary from state to state. If you reside in New York and need Medicaid, then New York’s Medicaid rules apply. You can benefit greatly from consulting with an expert Medicaid planning attorney who understands New York’s specific Medicaid qualification, application, and process for approval.
Medicaid planning can be a complicated and confusing process. New York Medicaid can be a massive benefit towards protecting your assets, especially if you require nursing home care or in-home care. Our White Plains attorneys can assist with Medicaid eligibility while protecting your assets. Without Medicaid coverage, you will be personally responsible for expending the monthly cost of your eldercare.
NEW YORK ANNUAL MEDIAN COST OF CARE (2020)
| IN-HOME CARE | COMMUNITY/ASSISTED LIVING | NURSING HOME FACILITY |
| Homemaker Services $57,772 | Adult Day Health Care $23,335 | Semi-Private Room $147,825 |
| Home Health Aide $59,488 | Assisted Living Facility $57,600 | Private Room $155,125 |
Resource: https://www.genworth.com/aging-and-you/finances/cost-of-care.html
Without the aid of Medicaid, the cost of a New York nursing home can wipe out your family’s savings, retirement funds, and inheritance for your loved ones. Our New York law firm can help you protect your hard-earned savings from being spent down to pay for long-term care.
Medicaid Crisis Planning in White Plains, New York
The decision to place a loved one in a nursing home is often accompanied by an incredible amount of anxiety and stress. Whether long-term care is brought on by a sudden accident or by a long-term, progressive illness, this is likely an unhappy time for both the person entering the nursing home, the caregiver, and everyone else helping with the transition.
New York crisis Medicaid planning can be daunting, primarily when focusing on a loved one’s health and wellness instead of care coverage. With an experienced New York crisis planning attorney in your corner, like Cheryl A. Merritt-Giles, the crisis Medicaid planning process can be easier to maneuver, allowing you to focus on supporting your loved ones.
Navigate New York Medicaid Planning with an Experienced White Plains, NY Attorney
The Medicaid application process can be complex, and some families worry that they do not meet the household income level to qualify for care. If you work with an experienced New York Medicaid planning attorney, you or a loved one can have a legal plan to qualifying for Medicaid. Contact Cheryl A. Merritt-Giles, Attorney at Law, to learn more about New York Medicaid and the benefits of obtaining legal advice for long-term care.