For those who are worried about losing their family home and life savings to Medicaid, there is hope. There are estate planning and Medicaid planning strategies you can use to preserve your assets in the present and also for the future.
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How to Start a Medicaid Spend-Down in Ohio
Medicaid spend-down allows individuals to qualify for Medicaid by reducing their countable assets and income to a certain level. It is a daunting task, but with the right guidance and support from a qualified Medicaid attorney, the spend-down process can help accelerate Medicaid eligibility while protecting assets.
Can I Keep the House if My Spouse Goes on Medicaid
A big concern many of our clients have is, “If my spouse needs to go on Medicaid, can I still stay in our house?” For many couples, their house is their biggest asset and the thought of losing it can be devastating. But there is good news - there are ways to protect your home while also ensuring your loved one receives the care they need. In this blog post, we will explore Medicaid’s spousal impoverishment rules and how they can protect families from foreclosure.