We’re delighted to announce that we have been awarded the AV Preeminent® Rating for 2019! We are very proud to bring you the highest level of service in our practice. #avrated #awards

“I have no chance at all of protecting my home from Medicaid” … FALSE!

Without careful planning, Medicaid can require the sale of your home or record a lien on your home. Depending on the elder's individual circumstances, it is often possible to save the home. We work to prevent a forced sale or prevent a lien where possible. The key here is that you take action toward this as soon as possible.

Too often, elders and their families believe that they need to spend-down all their money on the nursing home before the elder may qualify for Medicaid benefits. For more information on how we can help your family plan for the future, call us at 855-503-5337 to schedule a consultation.To learn more about this process, be sure to check out our website: https://vaelderlaw.com/p…/medicaid-planning-asset-protection

"I am already protected because Medicaid won't count the assets in my spouse's name" ... FALSE!

 

Sadly, no - Medicaid counts assets in both your name and your spouse's name. Likewise, most assets owned jointly with 3rd parties (adult children, for instance) are also fully countable to the elder in the Medicaid planning process. Asset Protection that yields real results requires the advice of a qualified and Certified Elder Law Attorney, as trying to protect assets yourself without the right help can have real and dire repercussions if done incorrectly. Also, an often little-known fact is that when it comes to Medicaid Planning and Asset Protection, a pre-nuptial agreement in Virginia will do ABSOLUTELY NOTHING to protect your assets from long-term care should your spouse need to apply for Medicaid!

 

Too often, elders and their families believe that they need to spend-down all their money on the nursing home before the elder may qualify for Medicaid benefits. For more information on how we can help your family plan for the future, call us at 855-503-5337 to schedule a consultation.To learn more about this process, be sure to check out our website: https://vaelderlaw.com/p…/medicaid-planning-asset-protection

"Planning is unnecessary - the nursing home covers everything" ... FALSE!

 

By shielding assets and income, we can help ensure that married clients protect their spouse at home against impoverishment. For unmarried clients, the attorney should ensure that they have rainy day funds to supplement their quality of life for the rest of their lives. The fact is that nursing homes do not cover all of the needs of the elder. Those elders and their families in nursing homes who have planned ahead enjoy a much higher quality of life than those who failed to save assets.

 

Too often, elders and their families believe that they need to spend-down all their money on the nursing home before the elder may qualify for Medicaid benefits. For more information on how we can help your family plan for the future, call us at 855-503-5337 to schedule a consultation.To learn more about this process, be sure to check out our website: https://vaelderlaw.com/p…/medicaid-planning-asset-protection

Medicaid or Asset Protection Planning requires “hiding” assets or engaging in illegal acts ... FALSE!

 

No - nothing could be further from the truth! The fact is that a Certified Elder Law Attorney will disclose all planning strategies directly to Medicaid during the application process. The planning is lawful and you have every right to take advantage of your given rights under the law. Just as folks have the right to employ a CPA to save tax dollars, elders have the right to employ attorneys to save and protect their assets in the Medicaid process.

 

Too often, elders and their families believe that they need to spend-down all their money on the nursing home before the elder may qualify for Medicaid benefits. For more information on how we can help your family plan for the future, call us at 855-503-5337 to schedule a consultation.To learn more about this process, be sure to check out our website: https://vaelderlaw.com/p…/medicaid-planning-asset-protection

"I will never qualify for Medicaid  – I have too much money"... FALSE!

 

You cannot make an informed decision about when you might qualify for benefits until after you meet with a Certified Elder Law Attorney. The fact is that every elder deserves to know all of the facts and options before making an informed decision about their long-term care costs!

 

Too often, elders and their families believe that they need to spend-down all their money on the nursing home before the elder may qualify for Medicaid benefits. For more information on how we can help your family plan for the future, call us at 855-503-5337 to schedule a consultation.To learn more about this process, be sure to check out our website:

https://vaelderlaw.com/p…/medicaid-planning-asset-protection

 

 

"The nursing home will do your application for free"... FALSE!

 

The nursing home may offer to complete the Medicaid application for free or a low fee, but, the fact is that the nursing home will require that you spend down all of your savings before they do that application for "free.” To be fair, in truth, applying for Medicaid is not a nursing home’s function. The outcome from a nursing home applying for Medicaid is not the same as what can be accomplished by actually working directly with a Certified Elder Law Attorney. We recently heard of a case where a married spouse was in a local nursing home facility on private pay for almost 5 years! Most, if not all of that money could have been protected for the community spouse still living at home.

 

Too often, elders and their families believe that they need to spend-down all their money on the nursing home before the elder may qualify for Medicaid benefits. For more information on how we can help your family plan for the future, call us at 855-503-5337 to schedule a consultation.To learn more about this process, be sure to check out our website:

https://vaelderlaw.com/p…/medicaid-planning-asset-protection

"It is too late to do medicaid planning"... FALSE!

 

It is never too late to preserve and protect assets!

 

This misconception is why it is CRUCIAL to consult with a Certified Elder Law Attorney FIRST to see how they can help as soon as possible!

Too often, elders and their families believer that they need to spend-down all their money on the nursing home before the elder may qualify for Medicaid benefits. For more information on how we can help your family plan for the future, call us at 855-503-5337 to schedule a consultation.To learn more about this process, be sure to check out our website:

https://vaelderlaw.com/p…/medicaid-planning-asset-protection

THE POLLS ARE OPEN!!! Thanks for voting for us last year in @VirginiaLiving’s Best of Virginia reader’s survey! Help us stay one of the bests and cast your vote for us in this year’s survey,by going to VirginiaLiving.com/Vote2019!

 

Virginia Living Magazine is currently taking votes for 'Best of Virginia', and The Estate & Elder Law Center of Southside Virginia (with 2 offices in Danville and Bassett) would definitely welcome your vote and support! Danville clients vote in the Central Region; Bassett clients vote in the Southwest Region.

 

Our Category would be #62: 'Best Law Firm', if you wanted to skip ahead in the form. It only takes around 5 minutes to cast your vote. Vote in as few or as many of the other categories as you like! There is a limit of one ballot per person.

 

Thanks to all for your support. You only have until 11:59 p.m. Thursday, Jan. 31 to submit your ballot... Every vote counts! #VirginiaLiving #BOV2019

#BestofVirginia http://www.virginialiving.com/vote2019/

Curious about Elder Law-related concerns such as Estate PlanningMedicaid Planning / Asset Protection and Life Care Planning? Be sure to catch one or more of our upcoming free seminars this year, given by Robert W. Haley, Certified Elder Law Attorney and EELC staff! Check back regularly for new seminars as they are added here. If you are interested in having Attorney Haley or Frazier speak on one of these topics at an upcoming group or organization meeting, let us know! give us a call directly at 276-629-5381 to set this up: We will come to you!

For a list of currently scheduled seminars, check out the link below:

This past week our offices received a flurry of calls pertaining to a seminar held in the Martinsville area recently given by an out-of-state company, extolling the virtues of incorporating Revocable Living Trusts into your family's Estate Plans.

The truth of the matter is, not everyone needs a trust! Furthermore, a Revocable Living Trust does NOTHING to protect assets in the case of someone going to a nursing home, or in regards to their long-term care expenses later on. In fact, it may even complicate Medicaid Planning/Asset Protection in a crisis situation! It is best to have a full understanding of the short and long-term consequences of that type of trust before proceeding.