Prudent Planning To Receive Medi-Cal Benefits
California’s state Medicaid, also known as Medi-Cal, offers numerous benefits for aging residents. One area of this program that is of particular interest to our clients is the possibility for coverage of their aging loved one’s care in a nursing facility.
To qualify for this benefit, individuals must meet specific eligibility requirements. When determining eligibility, the state will often require a list of an individual’s assets. With prudent planning and help from a lawyer, many residents can protect their assets and still qualify for the program.
Further, the state may seek reimbursement at the death of your loved one. Many residents can avoid such reimbursements with help from an attorney.
A special needs trust is a special type of trust that can enable a person to receive and retain assets and still qualify to receive government benefits such as Medi-Cal benefits. With the help of an experienced attorney, a special needs trust can improve the quality of life of a loved one receiving Medi-Cal or other government benefits.
Knowledgeable Advice And Professional Representation
At Meinzer Law Firm, PC, in Torrance, we provide knowledgeable advice and representation on ways to help secure this benefit for yourself or your loved ones. The laws surrounding Medi-Cal are complex and require an experienced attorney to interpret them. If not executed correctly, individuals may experience harsh penalties for attempting to transfer assets inappropriately. Do not allow this to happen to your family’s estate. Call us today to set up a meeting so we can review your eligibility.
Safeguard Your Family’s Estate
Clients who work with our firm know they are in highly capable hands. Our compassionate and experienced team has been helping California residents for two decades to formulate optimal plans to maximize employment of assets. Reach out to us and learn how to safeguard your family’s estate and well-being through robust estate planning. We offer a wide range of legal services, including but not limited to:
- Wills, trusts and estate planning
- Conservatorships: Court proceeding to appoint an individual to manage another person’s financial and personal matters after they are determined to lack capacity to handle their affairs.
- Probate: Court proceeding to appoint an individual to help resolve debts and distribute the assets of a deceased family member.
- Trust administration: The process of carrying out the terms laid out in a trust, including distribution of the assets of a deceased family member
- Elder law matters
Learn More About Retaining Medi-Cal Benefits For Aging Loved Ones
Do not risk incurring stiff penalties for prohibited transfers of your family’s assets. We provide the straightforward, practical advice our clients require to optimize their estate plans. Call us today and learn more about how you may be able to keep or judiciously transfer assets and still qualify to receive Medi-Cal benefits, and to learn how to avoid losing assets to the state as reimbursements for Medi-Cal benefits. In some cases, you may be able to retain Medi-Cal benefits for your aging loved ones. Our number is 310-375-3350. If you prefer, you may also reach us by sending an email.