Medi-Cal Planning
Ray W. Sowards Elder Law and Annuity Attorney »With sufficient planning, you can retain all or part of the equity in your home. You can lose your assets. Proper Medi-Cal planning can save your home from nursing homes and hospitals that can take equity out of your home in the event of long-term care and medical bills that you cannot afford to pay.
Things don’t have to be this way, but you must act now. Let us show you how to pay for nursing home care. We are one of the few law firms in California that emphasizes Medi-Cal Planning and Recovery Avoidance for Long-Term Care.
Medi-Cal for Long-Term Care is a benefit available to Californians. We can show you how to qualify, regardless of your assets or income.
Common Misconceptions About Medi-Cal
- Medi-Cal is NOT a poverty program for seniors and disabled people who own their homes.
- Medi-Cal can take you home (if the state pays for your nursing home care).
- You DO NOT have to “Spend Down,” but this is where you need help navigating the Medi-Cal maze.
- You DO NOT have to wait 36 months to qualify, providing you are working with us.
If you own a home or have more than $2,000 in assets, you could lose everything. Many people have come out of a hospital or nursing home only to find their home and their hard-earned savings gone.
Even more, families, after a loved one has passed away, have had their homes and their assets sold to pay for their medical needs and expenses, leaving nothing behind to the children or the families of these individuals. The sad thing is that, with proper planning, all of this could have been avoided.
Qualifying for your Medi-Cal benefits while protecting your assets is a complicated process, and the stakes are high. Expert guidance is crucial.
Federal legislation yet to be implemented in California will make planning far more difficult. Act now.
