A Harrisville special needs planning attorney can provide help to caregivers who want to ensure their loved ones are able to get Medicaid coverage. If you are caring for a disabled child or for an older or sick adult in your family, you have many roles to play as a caregiver and an advocate. One of the most important of those roles may involve helping to protect your loved one from financial losses by making sure your family member can get or keep access to Medicaid benefits. You should also consider looking into whether you may be eligible to receive any Medicaid payments for serving as a caregiver.
Biddinger & Estelle offers help to clients in and around Michigan’s shoreline communities in making sure they are able to get the care they need, for an affordable cost. A key part of the service that a Harrisville special needs planning attorney can offer is assistance with making a Medicaid plan. You should give us a call today to find out about the help we offer and to get advice on how you can help your loved one who you are caring for take advantage of Medicaid benefits that can cover costly care.
What Caregivers Need to Know About Medicaid
Many disabled adults and children rely upon Medicaid to cover the costs of long-term care at home, or to pay for other expensive medical services. If you are the caregiver to a person who is disabled, including your child who is disabled, you need to know how Medicaid eligibility works and how having assets can affect eligibility.
For example, if you have a disabled child and you want to provide an inheritance to your son or daughter, you should be aware that if your child directly inherits money or assets, you could cause a loss of access to means-tested Medicaid benefits. You don’t want your child to lose out on coverage for costly care and have to spend his or her inheritance on medical treatment. Fortunately, you can avoid this through the creation of a special needs trust. Making a special needs trust also allows you to ensure that a trusted person is able to manage the money or property you leave behind to provide for your disabled child.
If you are caring for a disabled relative who is on Medicaid and who is going to receive funding, such as from a personal injury settlement, you should also be aware that a special needs trust could potentially help to preserve access to Medicaid benefits while preserving the money or assets that are provided to the disabled person to be kept safe and used to supplement government benefits and enhance quality of life.
When you’re caring for a disabled relative who has a progressive condition and who is not currently on Medicaid, there’s another consideration as well: your disabled relative may some day need nursing home care or long-term care at home as his condition progresses. Costs of this care could be covered by Medicaid, but only if your disabled loved one does not have too many assets. Making a Medicaid plan to protect wealth could make it possible for your disabled loved one to get the care he needs in a nursing home care or from a home health aide without first impoverishing himself.
Finally, you should be aware that there is a possibility, in some states, of Medicaid paying a caregiver for services provided. As the The AARP explains, self-directed long-term care and support programs can permit disabled individuals to hire their own caretakers under certain circumstances. In some states, the caretaker could be a family member. If you are eligible for payments through self-directed long-term care and support programs, this can relieve the financial burden of caregiving.
These are just a few of the key things you need to know. Medicaid programs and eligibility are complicated and you should ensure that you get the right help from a qualified legal professional so you can get your loved one covered when necessary.
Getting Help from a Harrisville Special Needs Planning Attorney
A Harrisville special needs planning attorney can offer invaluable assistance to clients in and around Michigan’s shoreline areas who are making a Medicaid plan. We can work closely with you to ensure you are able to provide an inheritance for a child or help a disabled loved one to protect his or her assets. To find out more about the assistance that our firm can offer you, give us a call at (989) 872-5601 or contact us online today.