Applying and becoming qualified for Medicaid long term care is a time-consuming, multi-step, and often confusing process. Done wrong, you waste countless hours and extensive resources submitting paperwork incorrectly and risk being denied coverage. Any delay in this process can translate to a costly financial loss and stress.
With the rising cost of long term care, you should be aware that these costs may be covered by Medicaid with proper planning and application submission. Even if you believe your loved one’s assets or income is too high to qualify for Medicaid, the skilled attorneys at Fratello Law are experienced in Medicaid asset protection available under New York State law. The first step is meeting with a Medicaid attorney at Fratello Law to assess your needs and develop and plan given your individual circumstances. Let the experienced elder law attorneys at Fratello Law help you avoid frustration and guide you through the Medicaid process in a timely and efficient manner to meet your needs or the needs of a loved one.
A Medicaid asset protection trust is a vital tool in ensuring your home and assets are protected. Ideally, proactive planning in excess of 5 years is preferred. However other special planning techniques are available, including promissory note planning, when circumstances come up that do not allow for advance planning. Our experienced Estate Planning attorneys skilled in Medicaid can assist in developing the asset protection plan that is right for you or your loved one, given your unique circumstances.
Applying for Nursing Home Medicaid is a complex process involving a “5 year lookback” and the audit of 5 years of statements for all financial institutions for an applicant and spouse. Certain asset expenditures and transfers need to be properly explained to be deemed exempt to avoid the risk of a costly penalty. Improper planning without the assistance of an experienced Medicaid attorney can result in an unnecessary delay in coverage and the loss of thousands of dollars and proper care your loved one in need. If you or a loved one is in need of a higher level of care, Fratello Law will help you make the right financial decisions, using special planning techniques to protect assets and complete the necessary application and paperwork in order to have nursing home expenses covered by Medicaid.
Whatever long term care you or a loved one require, our experienced nursing home attorneys understand exactly what your challenges are and will be right by your side to ensure you find the very best care and assistance available. We have years of experience supporting our clients’ nursing home Medicaid application efforts and will use that experience to ensure your needs are met. This is part of what makes us one of the most trusted nursing home Medicaid application law firms in Smithtown.
We are one of the select firms on Long Island with attorneys on staff who focus on nursing home Medicaid applications. But more importantly, we treat our clients like people. We are respectful and take the time to understand your unique needs and concerns. We work efficiently and diligently to make sure you have strong, experienced representation through the entire application process. This means less stress. Ultimately, our goal is to build a lasting relationship with every client we work with.
