Long Term Care Planning
Certain legal issues mainly impact the senior community, and elder law attorneys concentrate their practice in this area. They help the older generation understand and prepare for long-term health care costs in the near future. At The Law Office of Matthew Allen, we help clients get ahead of potential long-term care needs and expenses so they can live as independently and safely as possible on their own.
However, Indiana’s median annual or monthly costs for care continue to rise. Without the aid of Medicaid, Medicare, or Social Security benefits, the cost of an Indiana nursing home can seriously impact your family’s savings, retirement funds, or an inheritance. We can help you protect your hard-earned savings from being spent down to pay for long-term care to ensure your legacy.
As we age, we become more and more likely to need skilled medical care, whether at home or in health care facilities. So, we recommend taking the proper steps to ensure Medicaid asset protection.
Medicaid is a federal and state program, and the rules vary in each state. If you reside in Indiana and need Medicaid, state-specific laws apply. You can benefit greatly from an expert Medicaid planning attorney who understands the qualification and application process for approval.
To qualify, you must be:
- Over the age of 64; or
- Blind or disabled; or
- A caretaker of a child, parent, or spouse in your household who is blind or disabled.
As we get older, needs change. Seniors face complex legal concerns that are different from when they were younger. As aging family members experience health challenges, it is essential to consult an attorney who works in elder law and Medicaid planning.
It is vital for estate planning to consider disability, long-term care, Medicaid eligibility, and protecting assets from nursing home costs. An elder law attorney can help re-title assets or spend down assets on your own. Medicaid has complex laws that change regularly. Attempting to qualify for Medicaid without guidance may delay qualification and do more harm than good. At the Law Office of Matthew Allen, we also consider the need for durable powers of attorney, guardianship/conservatorship to make financial and health care decisions if you become incapacitated.
Without the assistance of Medicaid coverage in Indiana, your family will be held financially responsible for the monthly care costs directly or have their inheritance spent down to cover the high costs of elderly care over time. We make sure you qualify for Medicaid as quickly as possible by creating efficient and effective crisis plans when you are already facing a severe health crisis.
The Law Office of Matthew Allen has over 20 years of legal experience helping clients in Indiana understand estate planning, elder law, guardianship, special needs planning, Veterans planning, and probate. Attorney Matthew Allen is accredited by the United States Veterans’ Administration to represent Veterans and is a member of the Elder Law and Real Estate Sections of the Indiana State Bar Association.
TO ASSISTING YOU
The Law Office of Matthew Allen, LLC
688 East 63rd Street
Indanapolis, IN 46220