ILLINOIS MEDICAID PLANNING LAWYERS

Experienced Elder Law Attorneys Providing Medicaid Estate Planning Services to Clients in Cook, Lake and McHenry Counties

Few people like to think about the time when they may have to move into a nursing home. As a result, most people are unprepared financially when it happens. If you are concerned about how you will pay for nursing home care, contact Bush & Heise, Elder Law Attorneys in Barrington, Illinois, for a free initial consultation about your elder care options.

People who don’t plan ahead end up paying for nursing home care out of their pocket until their personal savings run out. While you can qualify for Medicaid after you have exhausted your savings, few people would want all of their hard-earned dollars to be spent on nursing home care.

There is a way to protect your assets before you are admitted to a nursing home.

What is Medicaid Estate Planning?

Medicaid planning uses techniques such as asset transfers and the creation of special needs trusts to preserve assets while still qualifying for Medicaid.

To be effective, Medicaid planning must be done years before you need it. The government will look back at any asset transfers you made in the years before applying for Medicaid. This look-back period is five years under federal law. If you made any asset transfers during the “look-back” period, the government will void those transactions and count those assets as your personal savings to be used to pay for nursing home expenses.

Many people are confused by Medicaid regulations and don’t understand which property they can keep without affecting their eligibility for Medicaid. Our estate planning lawyers have over 40 years of experience assisting clients with elder law matters such as Medicaid planning. Contact our elder law firm to speak directly with an elder law attorney – Attorney Brian L. Heise is a member of National Academy of Elder Law Attorneys.

CONTACT US TODAY FOR A FREE CASE EVALUATION

We are proud to serve clients throughout northern Illinois, including communities in Cook, Lake and McHenry Counties with respect to matters of family law, estate planning, elder law and probate.

If you have legal concerns and are unsure of what to do, contact an experienced family law attorney or estate planning lawyer at Bush & Heise today. Call us at 1-847-382-4560 or click here to schedule a free initial consultation for an honest and straightforward assessment of your case. We accept Visa and MasterCard payments, and we are available evenings and weekends by appointment for your convenience.

Bush & Heise is a full-service family law, estate planning and elder law firm located in Barrington, IL. We represent clients throughout northeastern Illinois including the communities of Algonquin, Arlington Heights, Barrington, Barrington Hills, Bartlett, Buffalo Grove, Cary, Crystal Lake, Deer Park, Fox River Grove, Hawthorn Woods, Hoffman Estates, Inverness, Kildeer, Lake in the Hills, Lake Zurich, Long Grove, McHenry, Mount Prospect, Mundelein, North Barrington, Palatine, Rolling Meadows, Roselle, Schaumburg, Streamwood, Wauconda and Woodstock