Medicaid Planning
Here to Assist Spokane County Residents With Their Medicaid Planning Needs
Planning for the future
However, meeting the eligibility requirements and applying for Medicaid benefits can be challenging. As you start thinking about planning for the future of you and your loved ones, it’s helpful to engage in Medicaid planning to ensure that you can secure these benefits when the need arises while retaining as many assets as possible. Topics to address include the 5-year look-back period, allowable transfers and countable and exempt assets.
The dedicated and compassionate legal team at Kristina Mattson Law is here to help you explore your Medicaid and estate planning options in Eastern Washington so you can feel confident and secure about the future. We invite you to contact our office today to discuss your Medicaid planning needs with an experienced and knowledgeable Spokane estate planning lawyer.
Medicaid Planning in Eastern Washington
Not surprisingly, a Medicaid applicant’s assets and income must fall within set limits in order to qualify for government benefits. Additionally, once funds for care are administered and the benefit recipient passes, the State can place a lien on the person’s real property (e.g., home) for reimbursement.
When you start to explore your Medicaid eligibility, it’s common to feel somewhat intimidated by the seemingly endless rules and procedures that govern the Medicaid application process. That’s why the highly qualified and understanding Spokane Medicaid planning attorney at Kristina Mattson Law is committed to identifying your unique needs and goals in order to demystify the process and help you make smart Medicaid planning choices.
Since the Medicaid program has asset limits, some people decide to “spend down” their assets in order to qualify for Medicaid. However, it’s essential to recognize that this is not the only path to becoming eligible for Medicaid.
We will help you explore alternative strategies that can help preserve your assets while allowing you to qualify for Medicaid benefits.
Exploring Medicaid Planning Strategies in Spokane County
There are several ways to approach the Medicaid planning process. There are certain transactions and expenses that will not impact a person’s ability to qualify for and maintain Medicaid benefits. Kristina Mattson Law can assist you with preventative asset protection planning prior to applying for Medicaid.
Whatever your specific needs and estate planning goals may be, you can trust that Kristina Mattson Law will work closely with you to develop the most effective path forward to preserve your assets.
Estate planning is not a one-size-fits-all endeavor, and we believe in customizing every estate plan to address the individual needs of each client we serve.
Get Started With a Spokane Medicaid Planning Attorney Today
It is never too early to start planning for the future. As you consider the costs of in-home care, assisted living, memory care, skilled nursing facilities, and other healthcare services that you may need as you age, consider enlisting the guidance of a caring and experienced Spokane Medicaid planning lawyer. They can help you understand and evaluate your options before taking action. Each situation is different, but some available tools to consider when approaching the Medicaid planning process include:
- Allowed purchases
- Inter-spousal transfers
- Deeds
- Wills with Supplemental Needs Trusts
- Medicaid-compliant Irrevocable Trusts
Kristina Mattson Law proudly provides customized guidance to individuals and families throughout Eastern Washington to ensure that their best interests are protected.
Protect Your Legacy Today By Calling a Trusted Spokane Estate Planning Attorney
It’s never too soon to start planning for the future. Kristina Mattson Law can work with you to design and implement the estate plan that best fits you and your family’s needs. We encourage you to call our Spokane office today to get started with a caring and highly qualified Eastern Washington estate planning lawyer.