Qualifying for Medicaid is a very complicated prospect. Although Medicaid is a federal program, it is administered at the state level. There might also be different programs within each state and the application and review process is time-consuming.
Mistakes made on a Medicaid application or the failure to plan in advance regarding Medicaid qualification can lead to unnecessary delays. In the midst of trying to get someone qualified for government support in healthcare, you and your family don’t need one more thing to worry about. If your loved one is being affected by a declining health condition that requires healthcare intervention, trusting your Medicaid planning to a professional can reduce the immediate stress.
A Medicaid planner helps to pull together documentation and to structure a client’s resources. The primary goal of this Medicaid planning process is to help the applicant have the best possible chance of being approved for Medicaid.
Some of the tasks carried out by a Medicaid planner include managing asset transfers, transferring countable assets into exempt assets, and creating trusts. Many people are under the false impression that Medicaid planning is illegal. The truth is that a Medicaid planner helps with legal strategies to help make a loved one’s Medicaid application go as smoothly as possible.
One other aspect of Medicaid planning important for a lawyer to consider is how the other spouse will be affected if their partner goes on Medicaid. Protecting the other spouse’s access to resources and income is crucial- talk to an elder law attorney today to discover your options.
