Making a Medicaid plan is essential if you want to ensure you can get Medicaid to pay for the nursing home bills you incur as you get older and must move into a nursing care environment. Unfortunately, many people make Medicaid planning mistakes that end up costing them the ability to get the care that they require.
Some common Medicaid planning mistakes include waiting too long to make a Medicaid plan, using the wrong kind of trust for Medicaid planning, and not getting legal help with the planning process. If you wait too long, you may not be able to protect all of your assets that you would have hoped to keep shielded from Medicaid. If you use the wrong kind of trust as a part of your plan, the assets that are held within the trust may not actually be protected at all, even if you think that they are.
All of these mistakes can be avoided by working with an experienced attorney. Unsworth LaPlante, PLLC can guide you through the entire process of Medicaid planning and ensure you don’t make any errors that could cost you the money and property that you worked a lifetime to acquire.