Medicaid Planning Attorneys in Rocky River, Ohio

What is Medicaid Planning?

As the costs of long term skilled nursing care have continued to skyrocket, it has become more difficult, if not impossible for most families to absorb the cost of caring for their loved ones.  And most people do not like to think that they worked and saved their whole lives just to see their savings depleted when their spouse needs to go to a nursing home. 

However, there are certain ways to protect and preserve assets.  Figuring out the best strategy to protect and preserve your assets, and then putting that plan into action is Medicaid Planning.

Are you concerned about:

• Running out of money if you (or your spouse) become ill and require significant care?
• Having no control over who provides care for you if you need it?
• Choosing the type of care you want and where you want to receive it?
• Leaving an inheritance to your loved ones, only to have it taken by their creditors?
• Your children misusing the property or money you leave to them?
• Providing support to a loved one with a disability both during your lifetime and after your passing?
• Making sure your wishes about care and your finances are carried out?

If you answered “yes” to any of the questions above, the attorneys at Farah, Roberts & Ganor, Ltd. can help.  Call us today for an appointment.  Any long-term care asset protection plan is not a one-size-fits-all scenario.  Each asset protection plan designed at Farah, Roberts & Ganor, Ltd. is tailored to your individual concerns, goals, and desires.

Medicaid planning typically occurs under two different umbrellas: Crisis Planning and Proactive Planning.