Montana Elder Law And Medicaid Planning Attorneys To Help You Plan For Now And The Future
July 13, 2022
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Montana Elder Law And Medicaid Planning Advice To Keep You Protected Financially And Medically

The rules for Medicaid eligibility are complex as these are often changed, differ from state to state, and also differ by programs within a state. Add to this, the application process is time consuming, and the review process is lengthy. Our Medicaid planning Montana service helps clients in structuring their financial resources and prepares the right document for Medicaid planning. You might be wondering if you need Medicaid planning. Though not mandatory, it is always prudent and cost-effective to have Medicaid planning in Montana; which largely depends upon your situation and needs.

For example, if you have countable assets between $2000 and $15000, you can do self-planning but if your countable assets are over $15,000 ($30,000 for married persons), then it would be prudent to have the Medicaid planning Montana service do it for you as the techniques become considerably more complicated. Our Montana Elder Law attorney will also help you get Medicaid in case your income exceeds the limit but you are still unable to afford your cost of care.

Cost of care could bankrupt a couple or their family

In case the cost of caring for one spouse exceeds the total resources of a couple, the primary home of the couple is exempt from Medicaid asset limits. When both spouses require care, Medicaid planning Montana is highly recommended as the cost of care can quickly bankrupt the couple. A healthy couple can also benefit from Medicaid planning Montana, as the Montana elder law attorney will help in preserving some of their assets for their children and grandchildren. A single person with no assets or income can also gain acceptance into Medicaid by following the right procedure.

Long Term Care (LTC) insurance is not a substitute for Medicaid

Long Term Care or LTC insurance is often considered as panacea for the financing of long-term care but its premiums are a significant expense, and the insurance will generally not cover pre-existing conditions. Our Medicaid planning Montana attorney will help you with the best Medicaid planning in Montana. The process will start with a free consultation, and thereafter, they will work to preserve your assets and help you succeed with your Medicaid planning;

Specialist services for Montana elder law

Montana elder law is our key specialization wherein our attorneys work to promote and protect the rights, health and financial well-being of senior Montanans. Montana elder law covers a number of legal and practical issues that typically affect seniors, such as healthcare, estate and financial planning, guardianship decisions, age-related housing discrimination, elder abuse, and more.

As you age, you may have to live with health issues that may impact your ability to make decisions. Montana elder law attorney will suggest you have a Power of Attorney (POA) in place should the day comes when you need such type of assistance. The general power of attorney will focus on your financial details, such as overseeing the payments of bills or debts, financial accounts, and government benefits. On the other hand, a healthcare POA is the person who will be responsible for making sure that your medical care needs are fulfilled in case you are unable to articulate those wishes yourself.

Moreover, our elder law Montana attorney will also help you with other areas of the Montana elder law like:

  • Estate planning, including planning for a minor, or an adult with special needs
  • Guardianship help for the appointment of a legal guardian
  • Creating a durable power of attorney
  • Probate planning and estate taxes
  • Conservatorship and financial administration
  • Social security, disability, and Medicaid
  • Durable financial power of attorney and housing planning
  • Drafting a living will or other advance directives
  • End-of-life care
  • Funeral arrangements

Contact Montana Elder Law firm for all your needs related to estate planning, elder law, probate, and special needs planning. Our services are available throughout Billings, Bozeman, Butte, Kalispell, Helena, Missoula, and Great Falls.