Medicaid Trust

elderly couple elder law attorney joanne belascoAs people age and live longer lives than ever before, they encounter legal issues they never had to deal with when they were younger. One of the biggest concerns is how to protect your primary residence if you have to go into a nursing home and have Medicaid pay for your stay.  You may have this concern for yourself, a spouse, or an older relative. It’s never too soon to start thinking about how to protect your home. My goal is to work with you so that doing so doesn’t seem so overwhelming.

consultation elder law medicaid attorney jo belasco estate planning business law equine law contracts wills trustsWhile I will talk with you about your options, one of the main ways I can help you is with an Irrevocable Medicaid Trust. While many people would like to live out their days in the comfort of their own homes, the sad reality is that they may wind up in a nursing home at some point.  Nursing home care is very expensive and can easily average $10,000 to $12,000 a month in Massachusetts.  Since many people cannot afford such care, they rely on Medicaid. In order to recoup nursing home expenses after the person dies, Medicaid may put a lien on the individual’s home.  With estate and Medicaid planning, I can explain ways to protect your assets and prevent a lien from being placed on your home.

Contact me today to discuss how I can help you and your loved ones.