Skilled Help With Elder Law Issues

Contrary to what many people may think, you do not necessarily have to give away or "spend down" your assets in order to qualify for Medicaid benefits or long-term care assistance. It is possible to preserve your assets while taking steps to help ensure a high-quality of life. A lawyer who is experienced in elder law issues can help you explore the options available to you.

Carl Goode is an experienced attorney and founder of the Goode Tax and Estate Planning Law Group, LLC, in Baton Rouge. He can help resolve your complex elder law issues. To schedule a consultation, call 225-230-9027.

Qualifying For Medicaid And Long-Term Care

Medicaid and long-term care planning are subsets of estate planning. A comprehensive estate plan should address these matters, and it is never too early to begin thinking about the possibility that long-term care assistance may be needed, especially as life expectancies continue to rise.

In order to qualify for Medicaid assistance, you must meet the program's income requirements. For most people, this means arranging your assets in a way that will allow you to preserve your assets for future generations while still qualifying for government benefits. This is usually done by transferring your assets to a trust or directly to your beneficiaries. However, the government views sudden, large transfers with suspicion, which is why it is important to consider these issues before you may ever need to rely on Medicaid assistance.

VA Benefits

For qualified veterans, VA aid and attendance benefits can also provide supplemental income assistance that can assist with long-term health services. These benefits may also be available to surviving spouses of a veteran. Attorney Goode can let you know whether this is a viable option for you and determine the best way of receiving these important benefits.

Contact An Attorney For Long-Term Care Planning In Louisiana

It is possible to have a high standard of life while still receiving benefits to help supplement the costs of long-term care. To learn more, call 225-230-9027 or complete the online contact form.