Long Term Care Crisis Planning
Have you recently helped a spouse or parent move to a nursing home or is your loved one on the verge of needing long term care? This time can feel frightening and overwhelming. Will your loved one’s savings outlast their long term care needs? Do they have to “spend down” all their assets before they can qualify for Medicaid? Did we wait too long to plan? These are very real questions you might be asking yourself right now. Thankfully, there’s still hope at Providence.
The Earlier You Plan, the Better Your Options
While proactive nursing home planning is the best solution, most people can gain significant benefit from an Long Term Care Crisis Planning to help preserve their assets and accelerate eligibility for Medicaid Benefits or Veterans Benefits. Generally, Long Term Care Planning is the legal process of restructuring your assets in a way that’s permissible under the State’s Medicaid rules.
Uncomplicating the Complicated
Long Term Care Crisis Planning is a complex issue because there are strict laws associated with qualifying for Medicaid Benefits and Veteran’s Benefits, including income and asset limits and wealth transfer laws that could exclude you from benefits. As an advocate and legal adviser, a Providence elder law attorney can help you safeguard the finances and well being of your loved one, and get them the quality care they deserve without bankrupting the family. Regardless if your loved-one has $20,000 worth of assets or $300,000 worth of assets, don’t wait until it’s too late. The sooner you plan, the more options there are to protect them.
What are the Benefits of a Long Term Care Crisis Plan?
- Preserve wealth for your spouse
- Shelter your property from forced sales
- Protect your home from Medicaid Estate Recovery liens and reimbursement attempts
- Accelerate eligibility for every long-term care benefit available to you
Long Term Care Crisis Planning Pricing
Medicaid Crisis Planning
If your spouse or parent failed to plan and has an immediate need for long term care, a crisis plan will preserve their hard earned assets, protect their home from estate recovery reimbursement attempts, and qualify them for Medicaid as early as possibly. We’ll also work on your behalf throughout the lengthy and complicated application process, taking much of the burden off your shoulders.
Your specific plan will vary depending on a variety of individual facts, including your loved ones marital status (individual or married), the family circumstances (such as an adult children living at home or an adult disabled child), and the availability of potential stewards of assets, and any past gifting or transfers, among other factors. At your initial consultation, you can explore your options and we’ll quote you a fixed fee.
Fixed Fees
Long Term Care Crisis Planning Guarantee: If a competitor can protect more of your loved one's hard earned assets, we'll give you $500. We've got you covered.
If you think another law firm can protect more of your loved one’s assets, send us their proposal showing what assets they can protect within 3 business days from the date of your initial consultation with our firm.
View our complete pricing list.
Schedule Your Initial Consultation Today.
Come on in. Let’s talk. There’s no preparation necessary and you don’t need to bring any paperwork – just bring yourself and your questions. During your consultation, we’ll help you decide which services are right for you and your family. Click below to book your appointment at our Fort Smith office.
Visit Our Fort Smith Office Today
3223 Old Greenwood Rd, Fort Smith, AR 729013
Visit Us At Our Conway Office
803 Harkrider St Suite 14, Conway, AR 72032
