Advanced Planning for Medicaid Eligibility
Advanced Medicaid planning is one of the most important parts of any estate planning process. If your estate planning documents do not help you achieve Medicaid eligibility without requiring you to spend down all your life’s savings, then something is probably wrong with your estate plan.
At the elder law firm of Wright Abshire, located in Houston, Texas, our attorneys have extensive experience in managing the estate planning process for people concerned about Medicaid eligibility.
Start Preserving Your Medicaid Eligibility Now
The earlier we get involved in your estate planning and Medicaid eligibility process, the easier it is for us to give you the peace of mind that comes from knowing your financial future is secure into advanced old age.
Our attorneys are available to prepare an entire estate plan, including the instruments necessary to preserve Medicaid eligibility. We are also available to review an existing estate plan and recommend modifications to achieve Medicaid eligibility. Some of the issues we look at include:
- Basic Medicaid eligibility
- Home ownership and Medicaid eligibility
- Various forms of trusts, including Qualified Income Trusts (QITs, also known as Miller Trusts)
- Planned gifts and asset transfers
Crisis Situations: Medicaid Eligibility Questions
Although advanced planning is best, we also urge our clients to explore all their options in the sad event that a family member needs emergency admittance into a nursing home. Even if you are denied Medicaid coverage, we may be able to help.
If you have been denied Medicaid coverage and are being required to pay nursing home expenses out-of-pocket, you may be able to save a significant portion of your assets by having your Medicaid application and your assets reviewed by our elder law attorneys. We will look at asset levels, monthly income amounts, any prohibited gifts or asset transfers. In many instances, we are able to make changes to your estate plan or mount a successful appeal of the denial of Medicaid benefits.
Certified Elder Law Attorneys Helping Houston Families
Our attorneys are uniquely qualified to provide legal advice and representation in all legal matters relating to Medicaid eligibility and estate planning. Wesley E. Wright and Molly Dear Abshire are Certified Elder Law Attorneys (CELAs) by the National Elder Law Foundation.
Mr. Wright is a member of the Special Needs Alliance (SNA), an invitation-only national organization committed to helping people who have family members with special needs. Ms. Abshire is a Fellow of The American College of Trust and Estate Counsel, a professional association consisting of approximately 2,700 lawyers throughout the United States.
Contact the Lawyers of Wright Abshire for a Consultation
Our lawyers are always available to consult with new clients — either regarding Medicaid Planning for the future or an emergency Medicaid situation. To schedule a confidential appointment, send us an e-mail or call us at 713-234-1940.
From our offices in Bellaire, Texas (a city within Houston) and Carmine, Texas, we represent clients throughout the Houston area as well as statewide. We also represent clients from other states with elderly family members in Texas. Our attorneys can make home, hospital or nursing home visits outside of the Houston area when necessary. And in some cases, many of our legal services can be provided over the telephone for our clients’ convenience.