Medicaid Planning Attorneys in Framingham
Paying for Your Life-care Shouldn’t Cost You Your Lifesavings
In the United States, many elders rely on nursing homes or other assisted living facilities when they age and experience the hardships and difficulties owning a home and living and caring for themselves present. Though a great number of retirees rely on this long-term care, very few of them can afford it unassisted. Through Medicaid planning, our attorneys can help you afford the care you need without giving up your wealth that you hoped to leave to your family and loved ones.
Contact our attorneys to start preparing for Medicaid.
MassHealth: Massachusetts Medicaid
Massachusetts has its own version of Medicaid for residents of the commonwealth. The premise is still the same, as is our ability to help you qualify for it.
MassHealth, like Medicaid, has prerequisites for those who apply. To be eligible, you need to exhibit a degree of financial need. This can be difficult while maintaining assets intended to be passed on to your heirs to secure your legacy and provide for your family. Our lawyers help you circumvent this and achieve one without giving up the other. We will help you:
- Set up trusts to hold your assets
- Transfer ownership of assets
- Convert countable assets to exempt assets
- Manage finances so a healthy spouse can still afford to live at home independently
Our lawyers make it possible to achieve the best of both worlds by protecting the care available to you and your belongings.
When Should I Consider Medicaid Planning?
It’s prudent to start considering how you’ll afford long-term care before you require it. Medicaid considers transfers of assets within five years of applying when evaluating your eligibility. This wide window impairs your ability to quickly get financial assistance if you suddenly become injured and can no longer live independently. Cali Law Medicaid planning attorneys will help you get started today to ensure you receive the care you need without liquidating your assets.
Call our Medicaid planning attorneys for help qualifying for MassHealth: (508) 252-8186.