For most people, Medicaid only becomes an option after Medicare benefits are exhausted. But what many people don’t realize is that Medicaid benefits are not automatic. In fact, to receive Medicaid, a patient and the patient’s spouse (if married) must first “spend down” their “countable” assets. That limit is down to $2,000 or $999.99 for a single patient in most states but gets more complex for married couples. In Ohio, the asset limit for a single person is $2,000. There also are categories of assets that will be automatically exempt for purposes of qualification.
Actually, things can get complicated quite quickly. What do I do to protect assets? What do I do to convert assets without getting in trouble? Do I apply before or after we start getting care (and bills)?
These are all valid questions, and rather than attempting to answer them on your own with everything else that is swirling around you, you should seek professional advice from a qualified attorney who practices in Medicaid planning, understands the Medicaid system, and can help you get organized for the future. If you qualify, Medicaid benefits can help pay for certain medical expenses such as:
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If these qualities are what you are looking for in a law firm, then contact us to see how we can help you and your family.
We help Columbus families locally or near the Columbus area and outside of Ohio when they need to handle issues or an estate for a family member within the state of Ohio.
Clients come to us from Columbus, Lancaster, Pickerington, Logan, Athens, Circleville, Canal Winchester, Dublin, Plain City, Westerville, Worthington, Hilliard, St. Clairsville, Bellaire, Belmont, Cambridge, Wintersville, Marietta, Steubenville, and Woodsfield.
We welcome your questions and want to understand your situation to help you move forward and achieve the peace of mind that comes with having everything done properly and efficiently. Don’t let everything you’ve worked for just slip away due to a lack of proper planning. Invest the time now to learn your options by speaking with us and making the choices that best protect your legacy and wishes. Call us for one-on-one assistance at (614) 495-4185 with your questions, a description of your situation, or to schedule a consultation. You may also simply fill out the form above on this page. Your form will be directly emailed to our office. You can expect a reply within one business day and often within hours the same day. All information is confidential. If you are not quite ready for a consultation, we invite you to attend one of our upcoming free webinars to learn more and get to know us.