Cost. Long-term care is expensive. When someone in your family needs the services of a nursing facility, the cost of their residential care could amount to $5,000 a month or more. The Smith Law Firm can help you obtain Medicaid coverage for your long-term care expenses and protect your assets - all for about the cost of one to two month's stay in a nursing home. So your investment in The Smith Law Firm's skilled legal services can pay for itself very quickly.

Confidence. With skilled assistance from The Smith Law Firm, you can be confident that your Medicaid application will meet all filing requirements. What's more, we can offer you specific legal solutions that will enable you to retain the maximum amount of assets allowable under Medicaid qualification rules. These solutions include specialized Medicaid trusts that The Smith Law Firm is exclusively authorized to use through our membership in the Medicaid Practice Systems national network.

Convenience. When you file for Medicaid qualification through The Smith Law Firm, we act as your legal representative in all key meetings and correspondence with your Medicaid office. Our services include:

• Estate planning: The counseling oriented attorneys at The Smith Law Firm will help you build a comprehensive Medicaid estate plan with an eye to current Medicaid law.
• Qualifying trusts: Depending upon your financial situation, it may be wise to establish a specialized Medicaid qualifying trust to protect key assets. The Smith Law Firm has the expertise to provide this service for you.
• Medicaid application consultation: The Smith Law Firm will see your Medicaid qualification application through to completion, applying our professional expertise to ensure a positive outcome.

To Plan, or Not To Plan: Medicaid Planning & Qualification With The Smith Law Firm vs. No Planning At All.**

Review the difference the Medicaid Planning and Asset Protection services provided by The Smith Law Firm can make in the following 3 scenarios:

Scenario #1: Married Couple**

- Married couple, husband enters nursing home;

- Income: $2,000 per month joint income;

- Assets: $175,000 house; $100,000 in investments (making 8%); $120,000 in savings (making 3%) = $395,000 total assets;

Without proper planning, this couple would likely never think they could ever qualify for Medicaid to pay the nursing home bills and therefore spend down all of their cash/investment assets to $2,000 before applying for Medicaid......and then potentially lose their home or a great portion of its value through the Estate Recovery program.

OR.....

By planning with The Smith Law Firm (in this scenario): 1) husband would be eligible for Medicaid to pay the nursing home immediately; 2) all of their income would be sheltered for the wife (well spouse); 3) 100% of their assets would be sheltered (in this scenario) despite the fact that he has already gone into a nursing home!! Yes, 100%. Contact us or sign up for our next workshop.

Scenario #2: Single/Widowed Individual **

- Widow ("Mom"), enters nursing home;

- Income: $1,100 per month income;

- Assets: $85,000 house; $100,000 in investments = $185,000 total assets;

Without proper planning, Mom & her family would likely never think that she could ever qualify for Medicaid to pay the nursing home bills and therefore spend down all of her cash/investment assets to $2,000 before applying for Medicaid......and then potentially lose Mom's home or a great portion of its value through the Estate Recovery program.

OR.....

By planning with The Smith Law Firm (in this scenario): 1) Mom would be eligible for Medicaid to pay the nursing home in 20 months, during which time she would pay privately; 2) 56% of Mom's assets would be protected sheltered, or $104,680 of her $185,000 total assets - again, even if she is already in the nursing home. Contact us or sign up for our next workshop.

Scenario #3: Married Couple with Higher Net Worth **

- Married couple, husband enters nursing home;

- Income: $4,000 per month joint income;

- Assets: $250,000 house; $75,000 in cash/CDs; $250,000 in brokerage accounts = $575,000 total assets;

Without proper planning, this couple would likely never think they could ever qualify for Medicaid to pay the nursing home bills and therefore spend down all of their cash/investment assets to $2,000 before applying for Medicaid......and then lose their home or a great portion of its value through the Estate Recovery program.

OR.....

By planning with The Smith Law Firm (in this scenario): 1) husband would be eligible for Medicaid to pay the nursing home in 21 months; 2) the first $2500 of their income would be saved for Mom (well spouse); 3) 86.5% of their assets would be sheltered (in this scenario) despite the fact that he has already gone into a nursing home!! That equates to $497,000 of their initial $575,000. Yes, 86.5%. Contact us or sign up for our next workshop.

** These scenarios are for demonstration purposes only. The results are based on the basic information provided and general rules of law. It does not take into account specific circumstances, exceptions, and other variables, and may take into account certain facts that do not apply to all applicants. The result is an estimate based on a variety of assumptions and does not in any way constitute a guarantee of a specific outcome. For a detailed assessment of your Medicaid qualification timetable, contact us today for a consultation or register for one of our FREE Medicaid Planning Workshops.