- Thinking It’s Too Late to Plan
It’s almost NEVER TOO LATE to take planning steps, even after a senior has moved to a nursing home or assisted living. Know your options. Contact our office to learn more. - Giving Away Assets Too Early
Planned gifts can cause tax problems and gifting to your children for “safekeeping” could be dangerous. They could unintentionally lose the money to creditors or in a divorce proceeding. If you are interested in gifting to preserve assets, there are tools available to safeguard the money. Contact ouf office to learn more. - Ignoring Important Safe Harbors Created by Congress
Certain transfers are permitted without jeopardizing Medicaid eligibility. Contact our office to learn more. - Applying for Medicaid Too Early
Never Apply Until You Know You Qualify! Applying before consulting with a competent elder law attorney could end up in a Medicaid denial. - Failing to Take Advantage of Protections for the Healthy Spouse
If a Medicaid applicant is married, there may be little to no spend down required. But you must know and understand the rules. This is why consulting with a competent elder law attorney who practices in this area regularly is so important. Contact our office to learn more. - Applying for Medicaid Too Late
This can cost your family thousands of dollars if you are privately paying for nursing home when you could be eligible for Medicaid. Do not assume you know the rules. Contact our office to learn more. - Not Getting Professional Help
Medicaid eligibility is complicated. Do not attempt to try this yourself. Consult with a competent elder law attorney first who is familiar with the Medicaid process and can guide you in making the right decisions. - Failing to Prepare for Estate Recovery
Texas has a Medicaid Estate Recovery Program to recapture assets after death as reimbursement for the services it provided to the Medicaid recipient. We can protect assets from recovery. Contact our office to learn more.
