Estate Planning: Elder Law - Medicaid Planning
Orlowsky & Wilson, Ltd. can help you navigate the numerous fields of law that fall under the auspices of elder law. Basically, Elder law encompasses the legal needs of the elderly. At Orlowsky & Wilson, Ltd. we work with a variety of legal tools and techniques to meet the goals and objectives of the older client. These include Estate planning, Wills, Trusts, Powers of Attorney, Disability Planning, Long Term Care Insurance, Guardianship and Medicaid Planning.
The purpose of Medicaid Planning is to protect the nursing home patient while preventing impoverishment of the at home spouse and preserving the family´s finances. Proper Medicaid Planning allows your loved one to qualify for Medicaid and preserve their life savings. A Medicaid patient receives the same level of care as that received by a private pay patient in any nursing home that accepts Medicaid. Medicaid limits the transferring of assets for less than fair market value, so don´t transfer or gift your property without proper legal advice. Medicaid rules are constantly changing, and the rules that applied to your family members or friends in the past may not apply today.
To schedule your free initial consultation, email or call us today! 847-325-5559