Already in a Nursing Home
Managing a
Nursing Home Stay
When you or a family member are in a nursing home, the costs can be $100,000 or more a year. And that can quickly eat away at everything you worked a lifetime to build. It is never too late to let AlerStallings help you manage your long-term care situation and protect your assets.
Schedule a free meeting with one of our experts to learn more.
Caring for You
During Your Care
Nursing home care can leave families with a lot of issues to manage. Understanding how Medicaid can assist you shouldn’t be one of them. AlerStallings can help you figure out eligibility, applications, and more. So, your assets and well-being stay protected.
Some Important Steps to Take
It’s an unfortunate truth, but your assets may be at risk if you or a loved are spending time in a nursing home. That’s why it’s so important to plan ahead of time or contact an attorney during a nursing home situation.
AlerStallings can help you put together a solution that may include:
Be sure a person you trust has the ability to make important decisions for you if you can’t.
If it’s been a long time since you made your will or you used a template to do so, this is the time to make some updates.
If you have an IRA, you’ll want to consider how you can keep it from being lost to long-term care costs.
Protect your life’s work from medical and long-term care costs.
Get help with qualifications, assistance, and understanding waivers.
Manage long-term care events and protect your assets from high prices.
Our VA-accredited attorneys can help veterans and their families get the benefits they deserve.
Use our Lifetime Support to easily change plans when your life changes.
We Put You
and Your Family First
AlerStallings focuses exclusively on estate planning and elder care.
We’ve helped thousands of people manage complex and emotional situations.
And we couldn’t do it without heart. Every person here is committed to helping you make the best decisions for you and your family. You have enough to worry about.
Let us make sure you leave behind
the legacy you want.
What Questions Do You Have?
When dealing with complex, emotional issues, it’s not uncommon to have questions. We’ve helped thousands of Ohioans answer those questions. Here are just a few of the more common ones.
Even if you are already in a nursing home, it is not too late to perhaps save a substantial amount of your remaining assets. There are certain lawful planning strategies which could potentially be utilized. It is not too late to seek the advice of an elder law attorney.
Ohio intestacy laws dictate where your assets go. Not you, not your spouse and not your heirs. Don’t leave it up to Ohio, make sure you have a plan.
Hopefully, you have a Healthcare Power of Attorney and Financial Power of Attorney in place. If so, these documents specify who you appointed to make your health and financial decisions, if you can’t. If you didn’t plan ahead, it will be up to the court to appoint someone to make these decisions. This process can be burdensome, costly and the person appointed may not be your first (or even second) choice.
No, life estates used to be a very popular tool for asset protection planning. However, the laws changed and life estate now no longer receive their previous preferential protection status. If you had a life estate put in place to protect dad’s house or farm, you better see an elder law attorney to get it fixed. Otherwise, leaving the life estate “strategy” in place will result in an unpleasant call from a Medicaid Estate Recovery attorney for Ohio.
If you believe your family member may be the victim of nursing home abuse, immediately notify the nursing home administrator. The administrator must investigate and report it to the state agency. For other questions or to determine whether legal remedies should be pursued, give us a call.