Kansas Long Term Care Planning Attorney
As physical and mental illnesses become more frequent and people live longer, the potential need for long term care services is becoming more of a reality for many families. These services can be very costly and can quickly deplete any assets and material legacies that you wish to pass on to loved ones. At Dysart Taylor Cotter McMonigle & Montemore, P.C. we help families consider options now for how to protect these assets in the future.
Contact Stacey to set up a consultation about long term care planning. Stacey is a compassionate and experienced lawyer who can help.
Preserving Assets and Eligibility
Long term care planning is overwhelming for many families. We have the skills and experience to help you implement effective planning with ease. We help you understand what is available through Medicare and help you organize your estate in a manner which may maximize Medicaid eligibility.
Medicaid is able to cover costs of medical bills and extended long term care services that would not be covered by Medicare. Medicaid provides coverage based upon income and need. While there are strict and evolving eligibility guidelines, there is still planning that can be done to maximize your eligibility for Medicaid.
Medicare is health insurance which may cover the cost of hospitalization, doctor bills, and limited nursing home or assisted living stays. However, Medicare will usually not cover extended long term care services. Extended long term care costs may need to be covered privately which can easily exhaust assets within one’s estate.
Proactive Long Term Care Planning to Maximize Medicaid Eligibility
We take a thorough inventory of your assets, liabilities, income, and future long term care expenses. We assess your future objectives, plans for protecting your spouse, and goals for transferring wealth to family members. We work with you to enhance your eligibility while managing your assets in a manner which you are confident will achieve your goals.
We have extensive experience addressing Medicare and Medicaid concerns. We have the knowledge and skill to help you evaluate your needs and create effective financial planning within the law. We also have the compassion and experience to address advanced directives or guardianships and conservatorships, and estate planning.
Contact Stacey to schedule a consultation to evaluate your financial circumstances and start proactively planning for your long term care needs. Whether you are in Leawood, Olathe, Prairie Village of Overland Park, KS., we can help!