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You Can Qualify for Medicaid
(even if you don't think so)

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1. You can qualify. Many people have the false impression that Elder Law planning is not Worth finding out about, because they think they're not eligible for Medicaid. They feel they have too much money, income or assets to qualify, or believe that some of the specialized trust strategies used for asset protection are for rich people only. This is simply untrue.

With effective planning, most can qualify for Medicaid benefits. Elder Law strategies allow you to protect your home if you own one, and the monetary resources you've built up over a lifetime. The alternative is to deplete your reserves paying for your own care, which Medicaid would otherwise cover.

Additionally, many people who could be eligible for Medicaid payment of home care or nursing facility programs think they will be blocked by the "look back" and "penalty" periods. This results from a faulty understanding of these terms, which are explained in detail in this report. ln New York, the look back and penalty periods apply only to nursing home applications. And even with these limitations, in many instances, you can be approved by Medicaid for nursing facility care and have it fully paid.

It pays to sit down with an Elder Law attorney and review the details of your unique situation. You may find it to be one of the best things you've ever done for yourself and your family. You get to retain the benefit of your savings, income and assets, and maintain your quality of life. When you pass on, it's a great gain for your family members who will inherit what would otherwise be lost to the cost of your care.

If you've applied for Medicaid and have been denied benefits, it's quite possible to have the decision reversed. There are many reasons for a denial and a variety of strategies for addressing them. Common reasons include excess assets, lack of documentation, improper transfers, or spousal issues. An experienced Elder Law firm can help with these roadblocks, and in many cases successfully initiate procedures to qualify you. Often, it's simply a question of correctly implementing the methods described in this report.

Be proactive in pursuing government benefits you're entitled to, and have contributed to with your tax dollars.

Table of Contents

25 Strategies to Prevent Financial Ruin
from Long-Term Health Care Costs

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