Medicaid Planning
As we age, planning for future health care needs, including potential long-term nursing home care, can bring great peace of mind.
Rammelkamp Bradney provides guidance to people who are seeking to preserve assets for their family, but who also plan for the costs of the future.
Jacksonville, Illinois, Elder Law and Estate Planning Attorneys, Offering Compassionate and Strategic Legal Guidance
Medicare only covers the costs of nursing home care for a limited period of time, for those who qualify. Regular health insurance policies do not provide supplemental coverage in most cases. If you cannot afford or qualify for long-term care insurance, any personal assets will be quickly drained without protecting your eligibility for Medicaid, a state and federal governmental program based on your resources.
Rammelkamp Bradney will assist with a variety of government-approved methods for protecting Medicaid eligibility while protecting your home and savings, including:
- Gifting
- Special needs trusts
- Revocable trusts and irrevocable trusts
- Powers of attorney
The firm’s lawyers will listen carefully to your concerns and asset protection goals for the future, help you consider your options, and create the legal vehicles necessary to meet your Medicaid planning needs. The Medicaid eligibility requirements under Illinois and federal law can be complicated to navigate and can change according to your unique circumstances. It is very important that Medicaid planning is done with estate planning and elder law attorneys with substantial knowledge, skill and experience.
Elder Law Firm, Serving Central Illinois
For a consultation with an estate planning lawyer at Rammelkamp Bradney, P.C., call or send the firm an e-mail. Please complete our questionnaire form, prior to your consultation.
Rammelkamp Bradney has offices in Jacksonville, Springfield, and Winchester, Illinois.
