Indiana Medicaid Planning Attorneys
Serving Valparaiso, Lafayette, and Granger
As you grow older, you need assurances that your needs will be taken care of. For many seniors, long-term care planning involves seeking nursing home care. However, the cost of nursing homes can prevent many seniors from accessing this care, even when they desperately need it.
For some individuals, long-term care insurance can help cover the cost of nursing home assistance. For others, Medicaid might be the better solution. The Indiana Medicaid planning lawyers at Rice & Rice can help you review your options and choose the best solution for your needs.
Medicaid can subsidize the cost of nursing home care. However, to receive this benefit, you must first use your own assets and deplete your estate. For many seniors, this is not a choice they wish to make. Fortunately, with the right planning, you can preserve your Medicaid eligibility and your family’s wealth at the same time.
What is the Eligibility Criteria for Medicaid in Indiana?
Medicaid eligibility in Indiana is based on a number of criteria, such as age, income, size of the household, handicap status, and particular medical needs.
The general requirements are as follows:
- Income Limits: Depending on the particular Medicaid program, eligibility is mostly determined by income. Indiana bases its income limits on the Federal Poverty Level (FPL).
- Residency: Candidates must be Indiana or Michigan residents.
- Citizenship: Candidates must be citizens of the United States or eligible non-citizens.
- Age and Disability: Specific programs are offered to older adults, children, pregnant women, people with disabilities, and other groups.
- Asset Limits: The entire worth of an applicant's assets must be less than a specific threshold in order to qualify for some Medicaid programs.
- Medical Necessity: The degree of medical necessity may determine a person's eligibility for several programs.
The most up-to-date and comprehensive eligibility standards should be verified with Indiana's Family and Social Services Administration (FSSA), since these are subject to change and may include particular nuances.
What is Medicaid?
Medicaid is a federal program that each state runs independently. Families often rely on Medicaid when they do not have insurance or when they need to pay for nursing home care. Indiana has its own Medicaid laws and limits. As such, it is important to have an attorney on your side with a solid understanding of Indiana Medicaid law.
Medicaid is only available to lower-income individuals. This means that you must typically first deplete your assets before you can qualify for Medicaid coverage. For many families, this is not a valid option.
Fortunately, there are numerous Estate Planning strategies that can help you qualify for Medicaid assistance without losing your money, estate, and assets along the way. Without a Medicaid planning lawyer, you might not be able to qualify for Medicaid and receive the assistance you need when paying for nursing home expenses.
How Does Medicaid Planning Work?
When you meet with a Medicaid planning attorney at our firm, we will review your assets, your estate, and your future goals. We can then develop a plan to potentially restructure the ownership of your assets to establish eligibility for Medicaid coverage. The planning options available are different for every family. Some of those options include the Miller Trust or a Medicaid Asset Protection Trust.
Our attorneys will evaluate your specific situation to determine if your health care needs and finances would benefit from various planning options. We know how to take advantage of the applicable state and federal laws to better serve our clients. Our attorneys will craft an individualized and personal Estate Plan to help you protect what you value most.
Contact Our Indiana Medicaid Planning Attorneys
If you have questions about Medicaid planning or need medicaid planning assistance, it’s important to speak to one of our Medicaid and Estate Planning attorneys immediately. At Rice & Rice, we know what it takes to establish effective long-term planning for our clients.
If you are in Indiana, Illinois or Michigan, schedule an appointment by calling (219) 240-0450. We can help you and your loved ones plan for the future and get through whatever comes. Our attorneys are here to help. Call today.
We serve clients across Indiana, Illinois and Michigan from our offices in Valparaiso, Lafayette and Granger.
Trust your family's future to our Compassionate team of attorneys.
This Book is a Financial and Legal Guide to the Ins and Outs of the Only Government Program That Will Pay for Long-Term Nursing Home Care: MEDICAID
Decades of Over 15,000 Happy Clients
Here's What Some of Our Clients Have to Say
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Granger Reviews
Setting up my trust with rice and rice was the best experience because they took their time went over everything. I was able to comprehend the trust in layman’s terms. Thank you to Jeff and Tom at the Granger office also to Crystal! - Sarlin Y.
I've dealt with a lot of attorney's in my profession and don't have a very high opinion of many of them. They all are expensive and Cliff is no exception but I found him to be kind, knowledgeable and I was happy with what I received. The staff was very friendly and supportive. - Trina H.
Great service. Tom explained everything in terms we could understand. We suggest Rice and Rice for your all your estate planning and elder law issues. - Cheryl V.
Tom was most excellent, helpful, and informative. A pleasure to meet and get his help with our Trust. - Philip V.
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Lafayette Reviews
Our experience with Rice and Rice was very favorable. All of the attorneys were friendly and very helpful in explaining our situation while walking us through our options. The Lafayette staff (Melody and Crystal) were super gracious in facilitating our requests and meeting our needs. I cannot say enough about this faith-based organization and would highly recommend their services. Thank you. - Larry S.
Very knowledgeable, helpful, & thorough. All of their staff is wonderful! Thank you for helping us secure the future for our family! - Angela H.
Cliff is very knowledgeable and guide you through making some very important decisions with his information that he provides. Cheri and I are very impressed! - George K.
Super great service, and really high on education of the clients. Everything is explained, especially super detailed and clear to the point that you easily understand every step you’re going through. - Aimee N.
A great experience, Am glad I have used Rice and Rice to prepare my estate. Very professional and very responsive to my questions and needs. I highly recommend them for estate planning. - Daniel N.
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Valparaiso Reviews
Anyone can go anywhere for estate planning, but at Rice & Rice they really connect with you. Your stories and tears are really more than just stories and tears. I highly recommend & very thankful for them! - Roman M.
Rice & Rice are very professional and they were very helpful. I have delt with them since 2003 and have always had such good advice. Amy also helped me and she is great. She made me feel comfortable and helped me understand what might have been confusing to me. Thank you! - Sharon K.
We are grateful for the attorneys and staff at Rice & Rice. From our first appointment we knew they were the perfect fit for us. They have the knowledge and experience in elder law and estate planning to help us ensure that our wishes are fully documented and will be easily understood by our family. We now have peace of mind as we go forward in life. You do have a choice. Ours was Rice & Rice. - Lori F.
Cliff was excellent. Very informative and eye opening. Food was excellent. Service was excellent. Music was soothing. Crystal was very helpful. We look forward to meeting with him and the rest of his staff on Friday! - Pete B.
Superior in every single respect! In my life's work, attorneys were my clients. I can quickly state that Rice & Rice is the most comprehensive, efficient, and truly caring from top to bottom. The complicated areas are detailed to you, completely provided in an organized book, and you are left knowing all will be well and your contact with Rice and Rice is easily completed. They care for the most important decisions of your life for yourself and your family in the most top notch way possible. You will have complete peace of mind and complete trust when you work with this firm. My recommendation could not be stronger! - Anna B.
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