Case Conclusion Date:November 18, 2008
Practice Area:Elder Law
Outcome:We saved a family a lot of money!
Description:I recently represented a family with both parents in the nursing home. They thought that all the assets that the parents had worked so hard all their lives for would be lost. Both the nursing home and the Medicaid office told them to spend all the money on the nursing home costs and then Medicaid would be available to pay the nursing home bills. They came to me in a last ditch effort to TRY to protect some assets. By undertaking some complex Medicaid planning, we were able to protect almost 1/2 of their assets, even though both were already in the nursing home. It meant protecting almost $200,000 in assets. The family was very happy.