Elder Law Attorney, Medicaid & Long Term Care Planning Attorney | Billings, Missoula, Great Falls, Butte, Helena, Kalispell & Bozeman, MT
Do you have concerns about:
- Losing your home and life savings to Nursing Home costs?
- Having no control over who provides care for you if you need it?
- Choosing the type of care you want and where you want to receive it?
- Leaving an inheritance to your loved ones, only to have it taken by their creditors?
- Your children misusing the property or money you leave to them?
- Providing support to a loved one with a disability both during your lifetime and after your passing?
- Making sure your wishes about care and your finances are carried out?
If you answered yes to any of the questions above, we can help.
The biggest challenge facing seniors today is how to pay for long-term care. Montana Nursing Homes costs average about $7,500 per month. If you fail to plan for long-term care, you can have your entire life savings wiped out.
Montana Elder Law is a firm helping seniors and their families with long-term care legal issues that they are currently facing or will face in the future. Proactive planning is a strategy where we use a Montana Medicaid Compliant Trust to transfer assets into prior to the Medicaid 5 year look-back period. Crisis Planning involves taking a current long term care patient, and working with the family to transition assets from countable assets, to non-countable assets as defined by Medicaid in order to expedite the Montana Medicaid qualification period.
Qualifying for Medicaid in Montana or other government benefits potentially available to you (like Montana Veterans Aid and Attendance pension) can mean the difference between losing your life savings and living comfortably throughout your golden years or struggling to pay your bills.
We, at Montana Elder Law focus on helping our clients plan for their long-term care. Our focus is on our client’s independence, safety, and security so they can age with dignity, passing on homes and savings to their kids, friends, and or to charities.
Wouldn’t it be nice to have someone be able to cut through the bureaucracy and red tape of long-term care planning? Through our extensive knowledge of Montana benefit programs like Medicaid and Veterans Aid and Attendance pension, we can help you and your family come up with a plan to pay for your long-term care and to protect your life’s savings.
We also help seniors with estate planning and guardianship issues. If your parents need a durable power of attorney or an advanced directive for healthcare, we can help. If you have a loved one who is unable to manage his/her own financial affairs or unable to care for himself/herself, we can assist you with obtaining a conservatorship and guardianship.
Medicaid and Long Term Care
Montana Elder Law, Inc. advises seniors regarding how to obtain public benefits for long term care, whether that is in-home care, assisted living residences, or skilled nursing facilities (nursing homes). Our law firm applies various legal techniques and legal instruments which protect and preserve assets. We advise our clients regarding the most appropriate long term living arrangements for their particular situation and assist with facility placement.
Our firm is best known for our extraordinary personalized service. Montana Elder Law, Inc. will develop a tailor-made plan for clients and their families as loved ones age, including the best use and management of personal and financial resources to meet their long term objectives, exploring all home-based care options as a first priority when appropriate and easing transitions in the event a facility placement is required.
Medicaid Planning
Medicaid is a state/federal program that pays most nursing home costs for people who meet three eligibility requirements including aged or disabled need, medical need, and financial need.
In determining the financial need of a Medicaid applicant, Montana’s financial criteria is based on both income and asset levels.
There are certain assets that are exempt from consideration and can be kept when applying for Medicaid. These include:
- Personal residence ($560,000 maximum equity)
- Automobile
- Whole life insurance with a cash surrender value of less than $1,500
- Prepaid funeral plans
- Household furnishings
- Certain Medicaid Compliant Annuities & Promissory Notes
Planning ahead by consulting with a Montana elder law attorney will help preserve assets should placement in a skilled nursing facility become necessary. However, even when advance planning has not been done, an Montana elder law attorney can still help preserve assets and avoid very costly mistakes.
In Montana, in order to be eligible for Medicaid, the Institutional Care Program, an individual must be determined to be medically needy by the Department of health and Human Services and must be residing in a Medicaid qualifying nursing home or an Assisted Living Facility which participates in the Medicaid Waiver Program.
Additionally, an individual who is applying for Medicaid must have an income of less than the cost of the nursing home’s monthly fee and assets of less than $2,000. If the individual has a spouse who is not currently living in a nursing home, the so-called “community” spouse’s income may be unlimited.
A married couple living in a nursing home is only permitted to have $3,000 in assets. If an individual living in a nursing home has a spouse living in the community (not living in a nursing home), the individual residing in the nursing home is allowed to have $2,000 in assets and the spouse living in the community is permitted up to have a minimum of $24,180 and a maximum of $120,900in assets. One residence, one automobile, personal property, household furnishings, prepaid irrevocable funeral and burial arrangements and are excluded from the asset limitations.
Under the Deficit Reduction Act of 2005, if an individual transfers assets during the five years prior to applying for Medicaid, an ineligibility period may be assessed wherein Medicaid benefits will be denied. Post-DRA, the ineligibility period may not commence until the individual would be otherwise eligible for Medicaid as specified by the criteria above. Caution should be taken and a full analysis should be done by a Montana elder law before any transfers are made.
We provide Medicaid Planning services to the all towns and counties inMontana.
Long Term Care Insurance
Montana Elder Law, Inc. advises and assists clients in planning for and purchasing long term care insurance, a vital asset preservation tool. Long term care insurance can reduce the financial risk of long term disability and provide financial security for loved ones.
We have established relationships with some of Montana’s most widely known insurance agents and companies and are able to pass along this resource to the benefit of our clients.
Medicaid Applications
The attorneys at Montana Elder Law, Inc. are knowledgeable and experienced in filing and gaining approval of all types of Medicaid applications. We attend the interview on our clients’ behalf, maintain excellent working relationships with case workers, perform all follow-up work and keep abreast of agency and statutory modifications and rule-making.
We are integrally involved in the National Academy of Elder Law Attorneys (NAELA) and thus participate in the implementation of new laws, like the Deficit Reduction Act of 2005 (DRA). We are constantly interpreting the program and policy manuals which contain nuanced information about the application process. Furthermore, we work together with area facilities to achieve results for both our clients and the facilities.
If you or a family member is concerned about the costs of long term care and would like to learn what possibilities exist for these expenses to be covered by Medicaid, please contact one of our qualified Montana Elder Law attorneys for a free consultation.
When it comes time to address the legal issues facing seniors, the solutions may be very different than those appropriate for younger persons. For that reason, an experienced Elder Law attorney must be consulted in order to fully understand the strategies available for your family. If you’d like to learn more, click on the Request A Consultation button on this page to schedule a free consultation. Thank you.
Call Us: (406) 549-0306
