Dedicated Legal Support for Elders and Their Families
Medicaid Planning Services
Medicaid planning is a key element of elder law, crucial for managing the costs of long-term care. Our team helps you understand and navigate the complexities of Medicaid, ensuring you or your loved ones can access the care needed without compromising your financial security.
Although most seniors have Medicare, Medicare only provides short-term care. To qualify for long-term care provided by Medicaid, an individual must have minimal assets. In addition, Medicaid will review assets owned by the individual within the last five years and assess a penalty for any disqualifying assets owned during that time.
An effective Medicaid plan from Twin Falls Estate Planning, PLLC begins with an asset protection letter involving an in-depth, comprehensive review of an individual’s assets. A determination can be made based on that letter as to how the assets should be distributed in order to be eligible for Medicaid.
Special Needs Planning Services
Planning for a family member with special needs requires careful consideration and foresight. Our special needs planning services are designed to create a secure future for your loved ones, ensuring their care and financial needs are met in a way that enhances their quality of life.
We can establish a special needs trust designed to help a person on Medicaid maintain their benefits after you leave assets to them. Our experienced Medicaid attorney can help you plan how to utilize your assets to improve the individual's life and avoid government payback.