Nursing Home Asset Protection and Medicaid Qualification

Michael Davidov

Case Conclusion Date:January 1, 2010

Practice Area:Elder Law

Outcome:Saved family $100,000

Description:Retained to do Medicaid planning by family of nursing home resident with $200,000 in assets. I created a plan utilizing a promissory note and applied for Medicaid. As a result of the planning, the family saved $100,000 and qualified for Medicaid long term care 10 months earlier.