What To Know About Medicaid Planning
As people are living longer and more enriching lives, we are finding ourselves faced with a variety of legal issues and concerns. One of the most important aspects of creating a comprehensive estate plan is ensuring that your hard-earned money is not depleted when long-term care is needed. There is a common misconception that only poor or impoverished individuals can benefit from Medicaid. In fact, most of the individuals who benefit from Medicaid planning are middle or upper-middle class people who have spent a lifetime saving and planning for retirement, only to realize that the incredibly high cost of long-term care, such as ALF care, skilled nursing home care, home health care, and memory care) will wipe out their life savings. The attorneys at the Murphy Law Group help you not only afford these valuable services, but will help you implement strategies to pay the exorbitant costs associated with long-term care, while protecting your assets so that you have something to pass onto your loved ones while still maintaining a higher quality of care, dignity, and preservation of independence in the face of aging and incapacity. Contact the Murphy Law Group to schedule an appointment for you and your family members to take the first step toward effective Medicaid planning.