Protecting assets from the devastating effects of long-term care expenses is one of the most important wealth preservation and wealth transfer issues facing seniors. One out of two women and one out of four men will be admitted to a nursing home at some point in their life, so the odds of a nursing home stay are significant. Unfortunately, the cost of long-term care is expensive and it continues to escalate. Often when one spouse enters a nursing home, the couple’s life savings are exhausted within a year. Houma Medicaid Long-Term Care attorney, John Sirois, can help you qualify for Louisiana Medicaid long-term care assistance without giving up all of your income or spending down all of your assets. We employ a number of sophisticated planning techniques to legally protect your assets including: Asset Protection Trusts, Medicaid annuities, promissory notes, gifting strategies, and maximizing exempt assets.
Click here for more information about Louisiana Medicaid and long-term care planning.
HOUMA-THIBODAUX ELDER LAW ATTORNEY
As with most types of planning, more options are available to you if you plan early. However, if you or a loved one are currently admitted or about to be admitted into a nursing home we can still help you preserve significant assets from spend-down. If you or a loved one has been denied Medicaid Long-Term Care benefits, contact us today. Houma-Thibodaux elder law attorney John Sirois will show you how you can qualify for Medicaid Long-Term Care; help you prepare your Louisiana Medicaid application; and provide follow-through to help ensure your application is approved.
Call Elder Law and Medicaid Long-Term Care attorney John Sirois of Houma, Louisiana, at 985-580-2520, or email him at for a consultation. His knowledge and experience will bring you peace of mind. John works with clients throughout Louisiana including Houma, Thibodaux, Metairie, Kenner, Jefferson, New Orleans, Harahan, Gretna, and the River Parishes.
Click here for more information about Louisiana Medicaid and long-term care planning.
Click here for the Long-Term Care Planning Checklist.
Click here to order a copy of John’s book, Louisiana Retirement and Estate Planning.
