The facts. The plain facts are, thanks to continuing medical advances, we are all living longer. However, there are still certain types of illnesses and diseases which can adversely affect one’s humane condition, to the point where nursing home assistance or a nursing home stay is needed.
The concerns. The protecting and preserving of one’s assets from the high cost and recurring cost of nursing home care or long-term illnesses is completely legal. However, Ohio is not an easy state to qualify for Medicaid or to plan for long-term care costs.
The Loeffler Law Firm, LLC Practice Focus. One of the primary practice focus areas of The Loeffler Law is representing and counseling families regarding protecting or sheltering their assets from the devastating costs of long-term care and nursing homes.
Long-Term Care Planning
If you or a loved one are currently paying for long-term care/nursing home costs, or you may in the future be incurring long-term care or nursing home costs, here are some options to reduce or eliminate these costs:
- Long-Term Care Insurance (LTC)
- The Ohio LTC Plan
- Irrevocable Trusts
- Medicaid Asset Sheltering Strategies
- Preparation and Filing of Medicaid Application(s)
- Permitted Medicaid Spend Downs
- Medicaid Exemption Planning
- 5 year Medicaid look back planning options
- Medicaid Diagnostic Review
If you are interested in this item and have some questions, feel free send an inquiry.
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