March 13, 2017 Lynnwood, Bellevue, and Seattle-Area Long term Care and Medicaid Planning Attorneys See Bill’s entire interview for the Masters of Estate Planning series on ReelLawyers.com Long term Care Requires Preparation You should plan for your Long term care before the need arises. We encourage you to consider purchasing Long term care insurance. As with any insurance policy, the earlier you buy in, the lower the premium. You may be bewildered by the available options, such as deductibles, benefits, exclusions, and inflation adjusters. We also regularly encourage our clients to use the services of a geriatric or other care manager or consultant, located throughout Washington, to insure the best outcomes. Our attorneys would be happy to meet with you, explain these options to you and help clear the confusion. Contact us to discuss your situation. Medicaid planning Long term care can be very expensive. Medicaid poses a dilemma. If a needs arises or is on the horizon, and you are not wealthy enough to pay for your care from income or do not possess very significant assets, you must spend-down many or most of your assets before Medicaid coverage is possible. Thus, whatever wealth you have accumulated may be exhausted, leaving little for a spouse in the future or nothing for your care in later years. Our attorneys know how Medicaid works and can, following Medicaid’s strict rules, help with strategies that can preserve assets. We provide: Education about the Medicaid program, including its drawbacks and risks associated with Medicaid planning Direction regarding specific planning to make Medicaid benefits possible and minimize or avoid the Medicaid estate recovery associated with such benefits Assistance with preparing and submitting an application for Medicaid benefits At Hickman Menashe, P.S., we have the experience to help you through the maze of Long term care and Medicaid planning options. We can help make sure any Long term care and Medicaid planning is coordinated with your estate planning. Contact Us For a private consultation with an experienced attorney, contact our office by e-mail or call us at 425-744-5658. For client convenience we have a second office in Bellevue. We offer flexible meeting times to accommodate your schedule. Home and hospital visits can be arranged, if necessary. Our offices are accessible to persons with disabilities.