Leading Estate Planning Attorney Reveals How It’s Possible to Qualify for Medicaid with Over $1,000,000 in Assets – Las Cruces, NM
Michele Ungvarsky, founder at Estrada Law PC in Las Cruces, NM, explains that even if you have assets over $1,000,000 it’s still possible to qualify for Medicaid. For more information please visit www.estradalawpc.com
Las Cruces, New Mexico, United States – June 27, 2018 /MM-REB/ —
In a recent interview, Michele Ungvarsky, the founder of Estrada Law PC in Las Cruces, NM, has just revealed how it’s possible to qualify for Medicaid with over 1,000,000 in assets. For more information please visit www.estradalawpc.com
When asked to comment, Ungvarsky said, “Everyone can view the rules that the government has set out in qualifying for Medicaid. However, the rules are so complicated that it’s not clear how people can use a simple strategy to cut through the red tape and protect what’s rightfully theirs.”
To help shield her client’s savings and assets against paying for health-related costs covered under Medicaid, she has designed a proven process for clients who have more than 1,000,000 in assets and savings.
The first step in Ungvarsky’s process is to ensure your Medicaid application is error free.
When asked to elaborate she said, “Applying for Medicaid on behalf of a sick loved one is a stressful process, and it’s easy to make mistakes. But the wrong response can derail the whole process, so the best thing to do is to contact an experienced representative to help you.”
Ungvarsky added that you might not request benefits that your loved one would otherwise be entitled to, something that a professional could help with as well.
Filling out what Ungvarsky refers to as a “Medicaid Qualification Blueprint” is the next vital step in applying for Medicaid, particularly with 1,000,000 or more in assets.
When asked to elaborate, she said, “The Medicaid Qualification Blueprint details all of your financial interests – such as cash, deposits, income, investments, retirement funds, and life insurance – that might be under threat when applying to Medicaid.”
Ungvarsky added that the government could use your family’s money to pay for nursing home care. She added that Medicaid covers services like nursing home care costs. The average cost of nursing homes in 2016 in the US was around $225 a day, or more than $82,000 a year.
The Medicare Qualification Blueprint is then used to draft the Funding Roadmap.
“The Funding Roadmap will tell authorities how the family’s financial assets are put together and how the majority of the money is shielded from fees and services such as nursing home costs that are covered under Medicaid,” she said.
Source: http://RecommendedExperts.biz
Contact Info:
Name: Michele Ungvarsky
Organization: Estrada Law, P.C.
Address: 1340 Picacho Hills Dr, Las Cruces, NM 88007, USA
Phone: 575-556-2462
For more information, please visit https://www.estradalawpc.com
Source: MM-REB
Release ID: 366675