Whether it be a crisis or pre-planning situation, determining eligibility for Medicaid can be confusing and without assistance may lead to penalties and create delays in your effort to obtain Medicaid assistance. At the Law Office of Jason R. Ebacher, we are proud to provide trusted guidance in the complex area of Medicaid/Long-term Care Planning. We offer compassionate counsel through the process of assessing your long-term care options.
Every decision about whether Medicaid benefits are available to someone starts with determining the level of care needed whether it be care at home, assisted living care or nursing home care.
Once we determine the appropriate level of care, we can then focus on how it is going to be paid, which is a major stumbling block for many people as many do not have the funds or long-term care insurance to cover the costs.
Medicaid laws in the state of Massachusetts are strict and determining eligibility and planning for your future can be confusing. When you work with the Law Office of Jason R. Ebacher, we can thoroughly review your situation and help you understand what the best course of action is in your unique circumstance.
Planning for your future is important. If critical documents or steps are not completed correctly, you and your family may be facing complicated financial issues down the line. At our office, we can educate and assist you in making your sure documents are complete and accurate. We, at the Law Office of Jason R. Ebacher want to make sure that you receive the best possible resolution to your Medicaid concerns in a timely and professional manner. For more information about how the Law Office of Jason R. Ebacher can benefit you, contact our office today and schedule your free consultation.
In Massachusetts, a Medicaid Asset Protection Trust (MAPT), is an irrevocable trust commonly used in non-health care situations that may assist you in qualifying for Medicaid. A Medicaid Asset Protection Trust is a valuable planning strategy that helps protect your assets, allowing you to leave your estate to your family. For Medicaid to consider all assets transferred into the trust as noncountable, the transfer must be made five years prior to entering a nursing home or applying for long-term care. This is called a five-year look back period. Once the assets are transferred into the trust, they no longer belong to the trustmaker, nor can the trustmaker regain ownership of the assets. As with any estate planning document, a trust is only effective if it is property drafted, executed and funded. The Law Office of Jason R. Ebacher has experience with drafting such trusts and can assist and advise you as to whether a MAPT is right for you and your family. Please contact the Law Office of Jason R. Ebacher today for a free consultation.