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Services
Medicaid Planning
The Medicaid benefits is partially funded by the federal government and governed in accordance with federal guidelines. The balance of funding comes from state and local government. Client of Danna & Associates are most concerned about eligibility for Medicaid in-home benefits and institutional benefits for long-term care.
As part of Medicaid planning and application process, your and/or your spouse’s assets – also referred to as “Resources”, and income, and prior gifts and other transfers are analyzed and conformed to the then current Medicaid rules and regulations. Proper analysis is key to ensure that you are Medicaid eligible at the time when benefits are needed and that you are not subject to an asset transfer penalty period.
Medicaid Planning is complex in New York, New Jersey and Florida. More important, each state has different regulations and each county in the respective states have different rules. An experienced Elder Law Attorney protects your interests and assets. Utilizing a Certified Elder Law Attorney, you ensure your attorney is familiar with the professional and non-legal resources and services publicly and privately available to meet your needs. By choosing a Certified Elder Law Attorney, you can rest assured that you are receiving expert advice form an individual who has demonstrated his/her commitment to you – the client by pursuing certification. Visit the WWW.NELF.ORG website for more information and a complete listing of Certified Elder Law Attorneys in the United States.
Costs associated with Nursing Home and/or Assisted Living Facilities can exceed $10,000.00 a month. Many adults who may need these facilities simply cannot afford to purchase such long-term care policies or can better utilize the cost of the annual premiums.
The attorneys at Danna & Associates have years experience and have been at the forefront of the evolving Medicaid Laws. We understand that failure to plan for long-term care needs can deplete assets accrued during a lifetime of savings. At Danna & Associates, our experience can help you save the money you earned during your life-time by utilizing the Planning Tools and the latest Medicaid asset protection strategies to achieve your goals.