The average nursing home in Ohio costs nearly $7,000.00 per month. At that rate, a nursing home stay can decimate the life savings of most people. Many people who need nursing home care watch their assets dwindle to nothing and then begin receiving Medicaid benefits to cover their nursing home costs.
While the term “Elder Law” can encompass a number of legal issues senior citizens face, it usually refers to Medicaid Planning law. In Medicaid Planning, we help clients protect their assets for themselves and their families while qualifying for their Medicaid benefits to cover the costs of their nursing home care.
You have probably heard that Medicaid’s 5-year lookback limits planning to gifts made years before nursing home admission. Maybe you’ve even been led to believe that planning is now impossible for you. Though it is true that the lookback rule exists, it is wrong to believe that it makes planning impossible. For those who know and understand Medicaid law, there are almost always planning options. Some of our planning techniques occur before the 5-year lookback period, but we have also saved hundreds of thousands of dollars for people who are already admitted to a nursing home – all well within the rules of what Medicaid allows.
Our Medicaid Planning services include the following: