Today's elderly are a generation who have often been through historically economic financial struggles. When income didn't keep pace with expenses, many were used to having to tighten their belt to the last notch. Now in certain financial situations whether it's low income, health issues that have eaten away lifelong savings, or you or your loved one lost everything due to the rising cost of living, you may consider applying for Medicaid.
Medicaid does not mean substandard care. Those already on Medicare will receive extra benefits when approved for the Medicaid program. Expenses not covered by Medicare, such as deductibles, hospital care, medical/nursing home bills, and medicines, are picked up by the Medicaid program. The largest source of government funding for nursing home/assisted living care; 80% of all nursing home residents are Medicaid recipients.
Qualifying for Medicaid will not cause the loss of your home, nor will you be stripped of all funds.
Fulton County Elder Law Lawyer
Alpharetta Medicaid planning takes careful thought and thorough understanding of the law. Don’t put your assets at risk. Trust the professional attorneys at the Teiger Law Center in Alpharetta and Cumming when you need expert guidance on how to become and remain eligible for need-based government benefits through asset preservation planning. We'll explain the spend-down process, as well as setting up supplemental or special needs trusts and advise you on how best to navigate the complex laws that govern this program.
When it comes to applying for Medicaid, two key components are persistence and accuracy. We'll help speed the qualification process while protecting assets without incurring a gifting penalty. Advance Medicaid planning is prudent, but we can also be of help to you in emergency situations.
Long-Term Planning Attorney
We are qualified to represent you in all Medicare and Medicaid appeals and leins. Contact the Teiger Law Center, serving residents of North Georgia, Alpharetta, Canton and Gainesville, GA.
