Ask the expert on Medicaid

eightWest

GRAND RAPIDS, Mich. (WOOD) When it comes to financial planning, being prepared and informed can be the keys to success. David Carrier is eightWest’s expert in estate planning and can guide you along the way.

Medicaid

Medicaid is the health care program for individuals who do not have another form of insurance or whose insurance does not cover what they need, such as long-term care. Many people rely on Medicaid for assistance in paying for care at home or in nursing homes. To qualify, you must meet certain income and asset limits. If your income or assets exceed the qualifying limits, you will not be eligible. To be eligible for Medicaid benefits, a person must need assistance that requires nursing home level care. There is no age restriction to qualify.

How Do I Apply?

To qualify for Medicaid, you must submit a multiple-page application and provide detailed proof of all your financial transactions (banking, CDs, stocks, bonds, income, expenses, annuities, etc.) for the previous 60 months.

Does Medicaid Planning Work?

Yes, but only if done by an experienced and qualified Elder Law attorney like David L. Carrier. The laws are complicated and complex, and timing can be everything. The rules governing married couples are different than unmarried people.

For more answers to your questions or to sign up for a LifePlan Workshop, contact David Carrier at (616) 361-8400 or 1-800-317-2812 or register online at davidcarrierlaw.com.LifePlan Workshops

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Grand Rapids

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Holland

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Kalamazoo

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