Some People Question if Medi-Cal planning is ethical and legal… We say absolutely!! We help Save Family Homes every day!!
We define a Medi-Cal CRISIS as a medical situation where an ill or injured person is in the hospital and is being sent to a skilled nursing home for long term care and/ or has already been admitted to a nursing home… at this time of crisis, the family has been notified that the patient and/or spouse may have too many assets to qualify for assistance from Medi-Cal… So many families will start writing checks to the nursing home and that will begin to impoverish the well spouse in the process.
Using Medi-CAL planning legally allows for the relief of having to spend all of the family’s retirement savings making sure the well spouse can survive and still pay the bills. Medi-Cal Strategies will often provide tax advantages as well.
Medi-CAL planning is no different from tax planning. In fact a Supreme Court decision condones honest methods of eliminating income taxes or estate taxes. Tax planning and Medi-CAL planning both put an additional burden on taxpayers, and both should be considered ethical.
All strategies have their place in the scheme of things. Medi-CAL planning fits certain circumstances usually where families are in a crisis mode trying to preserve a few assets such as a house or a savings plan. Many of these families have seniors that have paid taxes for years with no direct benefit…for example- Paying school taxes and they have not had children for 50 years in the public school system! Planning for Medi-CAL is a legal way of protecting your estate and getting the care you need as you get older and require skilled nursing home care.
Proper Medi-CAL planning, using a professional Medi-CAL Elder Law Attorney, allows families to transfer assets so they can use benefits in the Medi-CAL program.
Take advantage of a free phone consultation or appointment for a free 30 minute consultation to review your individual situation and determine if you would benefit from our experience and legal services.
For more information go to www.la-lawcenter.com or call us at:
Local Phone: (818) 241-4238 or
Toll Free Phone: (877) 537-8283