Long-term care, whether in a nursing home or through in-home assistance, can be financially overwhelming. Many Michigan seniors find their savings depleted, leaving little to support a surviving spouse or family. Without proper planning, the high cost of care can erase years of financial stability. Our Flint Medicaid planning attorneys assist clients in qualifying for benefits to help cover care expenses without sacrificing everything they have worked for. With extensive knowledge of Michigan’s Medicaid process, we provide guidance for both long-term planning and immediate crisis situations.

Understanding the Key Differences Between Medicare and Medicaid

Medicare is a federal program designed to provide healthcare coverage for individuals 65 and older and younger people with qualifying disabilities. It covers doctor visits, hospital stays, and preventive care, but it does not include coverage for long-term care services. This means that seniors who need ongoing assistance with daily activities such as bathing, dressing, and eating must find alternative ways to pay for care, whether through personal savings, long-term care insurance, or government assistance.

Medicaid, however, is a need-based program that helps low-income individuals afford necessary care, including nursing home stays, in-home services, and P.A.C.E. benefits. To qualify for Medicaid, applicants must meet strict income and asset limits, which can pose challenges for middle-class families who do not meet the criteria but cannot afford private care. Strategic Medicaid planning can help families navigate these financial hurdles and ensure access to long-term care without draining their life savings.

Steps to Qualify for Medicaid Benefits in Michigan

Qualifying for Medicaid in Michigan can be challenging due to strict asset limitations that may disqualify applicants. Without assistance from Mannor Law Group, real estate and retirement accounts could count toward these limits, preventing seniors from receiving benefits. If your assets exceed the Medicaid threshold, our skilled attorneys can develop legal strategies to safeguard your holdings while maintaining eligibility. We have extensive experience in Medicaid planning and can help you secure the support and care you require.

FAQs by Flint Clients

How Much Can You Own and Still Qualify for Medicaid?

To qualify for Medicaid, applicants must adhere to rigid income and asset restrictions set by each state. These rules consider countable assets and monthly earnings, making it vital to understand the specific thresholds for effective Medicaid planning.

What is the Medicaid look-back period, and how does it influence asset eligibility?

The look-back period for Medicaid reviews asset transfers to prevent applicants from reducing assets to qualify unfairly. If transfers violate these rules, penalties may apply, delaying access to needed care. Proper planning helps avoid these setbacks.

Does creating a trust make it easier to meet Medicaid eligibility requirements?

Creating certain types of trusts, such as supplemental needs trusts, may allow individuals to preserve assets without jeopardizing Medicaid eligibility. However, these trusts must adhere to precise legal requirements. Consulting an experienced elder law attorney can help ensure compliance.

Ensuring Your Future with Smart Medicaid Planning

When you’re in good health, Medicaid planning might not seem necessary, but preparing now can help you avoid financial hardship later. Many people eventually require long-term care, and without proper planning, the costs can be overwhelming.
We assist in crafting a strategy that shields your assets while keeping you Medicaid-eligible should the need arise. Our approach utilizes estate planning techniques to protect savings and ensure your financial security.
This way, you can receive the care you need while keeping assets intact. Avoid transferring assets as a quick fix—such moves could lead to years of Medicaid ineligibility.

Reach out to our knowledgeable Medicaid planning attorneys now for assistance with all Medicaid matters, even emergencies!

Medical issues that demand immediate long-term care can emerge suddenly or progress over time, often leaving families unprepared. With little time to plan, the financial burden of care can become overwhelming. In many cases, a loved one’s assets may exceed Medicaid’s strict eligibility limits, delaying access to crucial benefits. Our Grand Blanc Medicaid planning attorneys at Mannor Law Group can help create solutions to secure Medicaid coverage while protecting assets. Hear from those we’ve assisted—explore our client testimonials.