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Largo Nursing Home Planning

Largo Nursing Home Planning

You deserve the best nursing home planning available. As a Largo Elder Law attorney, I help Pinellas County residents with nursing home asset protection and Elder Care planning. My goal is to protect their family as I would my own.

If you are currently in an assisted living facility, on the waitlist for Medicaid coverage for assisted living or need to go into an assisted living facility you can benefit from learning about how Medicaid works with respect to assisted living.

Many clients express their fear of winding up in a nursing home. Apart from the unhappy notion of losing their freedom and self-reliance, life in a nursing home means staggering expense.

Why Everyone Needs Nursing Home Planning

What sorrows me the most is when someone ends up paying for nursing home care with their savings, until everything they have worked for is gone. Yes, it is true they could then qualify for Medicaid to pick up the costs – but there is nothing of their estate left for their families. That is a tragedy.

Seniors and families in the Largo area deserve better. Careful planning – whether it’s done early or in response to a sudden, unexpected event – can protect your estate for your spouse or your children.

Nursing Homes and Medicaid Benefits

We talked about Medicaid planning for Pinellas County in another article. It’s important to know that Medicaid can be used as an “insurance plan” for long-term care, whatever your income. It plays a valuable role in nursing home asset protection.

If you are not in immediate need of nursing home care, you have the time to protect and distribute your assets in advance. By doing this, you will quickly qualify for Medicaid benefits when the time comes.

Never assume you have too few or too many assets to qualify for Medicaid. Both Florida and federal laws apply, and your case will be different from your neighbor’s. Are you single, widowed, or married? Do you have family support? What is your income level? Do you own your home? Do you have investments? Do you have long-term care insurance?

Every so often, federal and Florida rules about Medicaid eligibility change. As your Largo Elder Law attorney, I am able to advise you on your entire situation within the most current laws.

Nursing Home Asset Protection

We help our clients plan for long-term care needs, including nursing home planning and assisted living placement. Our strength is in providing you with powerful asset preservation through very ethical legal tools.

We help you qualify for Medicaid benefits through financial transactions including transfer of assets, use of trusts, purchase of annuities, spousal refusal, and many other means. In other words, we help you to place your assets correctly so you and your loved ones can keep them, while you get the nursing home care you need.

One thing you will almost certainly need is a review of your Durable Power of Attorney if you have one or if not you will almost certainly need one. We suggest you learn more now about what a durable power of attorney will do for you.

Contact John Frazier, Largo Elder Law attorney for a free telephone consultation. What you learn can turn into better long-term care and significant financial savings for you or your loved ones.

Are you concerned about the costs of hiring an attorney? Read more about my sliding scale fees that are the clearest, fairest you will likely find.

Our law office is in Largo, FL. We serve the entire Pinellas County area including Clearwater, Palm Harbor, Pinellas Park, Indian Rocks Beach, Seminole and St. Petersburg.

Read more about Nursing Home Planning in Largo FL

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