Long-Term Care Plan

Your parents are getting older. Plan before care is needed.

Nursing-home care can cost more than $7,000 to $12,000 a month. Medicaid can pay, but it looks back five years at what your parents gave away. Planning early lets them protect the home and savings and choose who helps them.

Call (844) 544-PLAN to schedule

The short answer

A Medicaid asset protection trust set up at least five years before care is needed can keep the home and savings from being spent down. Powers of attorney let family help now.

Do this first

✓Find out what documents your parents already signed

✓List the home, accounts, and income

✓Talk with your parents about their wishes for care

What happens without a plan

What long-term care costs without a plan

The family home

Without a plan

The home may have to be sold, or the state may claim it after death through estate recovery.

With the Long-Term Care Plan

A Medicaid trust can protect the home once the look-back period passes.

Savings

Without a plan

Savings are spent on care until only a small amount remains.

With the Long-Term Care Plan

Planning protects savings for the healthy spouse and the family.

Decisions

Without a plan

Without powers of attorney, family may need a court guardianship to help.

With the Long-Term Care Plan

Named agents can step in right away.

What the plan includes

What your Long-Term Care Plan includes

Medicaid asset protection trust

Protects the home and savings from nursing-home costs after the look-back.

Financial power of attorney with Medicaid powers

Lets an agent do Medicaid planning if your parent cannot.

Health care power of attorney and living will

Your parent’s care choices, in writing.

Veterans benefits review

We check whether VA benefits can help pay for care.

Income trust, if needed

Handles income above the Medicaid limit.

Family care plan

Who does what, written down for the whole family.

Questions

Common questions

Every family is different. A 15-minute call with a licensed attorney answers the rest.

MississippiMedicaid Trust Guide: Mississippi→ LouisianaMedicaid Trust Guide: Louisiana→ Washington, D.C.Medicaid Trust Guide: Washington, D.C.→

How long before care is needed should we plan?

Five years is the Medicaid look-back. The earlier the better, but planning can still help after care begins.

Will my parents lose control of their home?

They can keep living in the home. The trust holds title and names a trustee, often a child.

What if care is needed now?

There are still options. Call us and we will explain what can be done in your state.

Does Medicare pay for a nursing home?

Only for a short rehabilitation stay. Long-term care is usually paid privately or by Medicaid.

Protect your parents before care is needed.

In 15 minutes, a licensed attorney will tell you what your family needs and quote the flat fee in writing.

Call to schedule