Sarasota Medicaid Planning Lawyers Help Meet Long-Term Needs
Accomplished Florida attorneys advise on funding for senior care
Oppressive costs charged by nursing homes and other long-term care providers can threaten the financial health of seniors, often forcing families into heartbreaking decisions. At Lyons, Beaudry & Harrison, P.A. in Sarasota, we show clients how careful Medicaid planning can address crucial healthcare costs while making funds available for other needs. The average charge for a nursing home in Sarasota County is $7,000 per month, and rates are rising annually. With personalized counsel from one of our qualified Florida Medicaid planning attorneys, you can secure coverage for long-term care while maintaining access to the assets you’ve accumulated.
Skillful firm finds ways to pay for nursing-home costs and other expenses
Long-term care can take a heavy toll on people and their loved ones, but careful planning permits you to lawfully transfer or dispose of your assets so that you can qualify for Medicaid benefits. Of course, not every expense an elderly person has is covered by Medicaid, so our elder law attorneys develop programs by which you can use the transferred assets to fund other items. After reviewing your situation, we’ll clearly explain issues such as:
- Medicaid eligibility — To qualify for Medicaid in Florida, financial and medical requirements must be met. We’ll outline the types of conditions that make an elderly person eligible for long-term care benefits and analyze your income and assets. By establishing a trust or another type of legal instrument, we can help you meet the relevant standards.
- Available benefits — Various levels of treatment and care are available under the state’s program. Our firm will help match you to the proper services and providers.
- Other funding options — You could very well require medical attention that is not covered by Medicaid benefits. To make sure that you get what you need, we’ll help you explore other funding sources such as Medicare, private coverage and assets that have been placed into a trust in order to meet Medicaid’s financial requirements.
As the baby boomer generation increasingly relies on the services of nursing facilities and other providers of extended care, competition will increase for the funds available under Medicaid. Our knowledgeable attorneys keep apprised of the latest legal developments in this area and offer counsel that is specifically tailored to your circumstances.
Contact a Florida attorney for advice on Medicaid planning and related issues
Lyons, Beaudry & Harrison, P.A. assists individuals and family with Medicaid planning decisions and related matters that affect healthcare funding. Please call 941.444.6407 or contact us online to schedule a consultation at our Sarasota office, located on Main Street in the Ellis Building.