The time may come that you or a loved one needs the skilled nursing care provided by a specialized facility. For many individuals and families, the cost of a nursing facility can be prohibitive, or quickly drain other resources such as a retirement fund.
The average skilled nursing care facility costs over eight thousand dollars per month!
Medi-Cal does cover the cost of nursing facilities, but only for those who qualify for the program. If you or your loved one fails to qualify for Medi-Cal due to ownership of certain assets, you might benefit from the assistance of an experienced estate planning attorney.
We can help you reposition assets, so that you or a family member can qualify for Medi-Cal benefits. And in some cases, we can help you take additional steps to reduce your share of the cost so that Medi-Cal will completely cover the cost of skilled nursing care in an appropriate facility.
If you have questions on how you or your loved one can qualify for Medi-Cal, while preserving assets within the family, please contact Shoup Legal. We'll be happy to assist you.