Perhaps you are starting to think about Medicaid for your parent and are considering completing the application yourself or with help from a friend. However, you should be aware that applying for Medicaid without legal counsel can lead to a denial or inadequate coverage.
The Medicaid application process can be confusing, and doing it on your own can result in some costly mistakes. Instead of taking your next step alone, here are some reasons why you should consider getting the help of an attorney who practices elder law.
1. Save money on long-term care
Nursing homes can be expensive. Instead of opting for this costly option without proper coverage, you should talk to a lawyer who can give you advice on how to qualify to have long-term care paid for by the state and the federal government.
2. Do not spend down too much
In order for your parent to be eligible for Medicaid, he or she may need to develop a financial strategy. His or her income must be low enough to meet the requirements, but you should be wary of spending down too much. This is why U.S. News recommends finding an attorney to assist with a Medicaid spend down. The rules can be confusing, and you do not want to spend more resources than necessary. A lawyer can also help your parent preserve assets through smart estate planning.
3. Make decisions based on knowledge and expertise
An attorney who works in the elder law field spends years of his or her life learning the ins and outs of how to help elderly people get the care they deserve. The right lawyer can advise you and your parent on how to preserve funds, maintain independence and figure out the best long-term care solution.
You do not need to navigate the Medicaid application process by yourself. Consider getting help from an attorney for peace of mind.