Medicaid Planning: Protecting Your Assets And Future In Wisconsin
Senior care planning can feel overwhelming. It’s natural to avoid thinking about aging and needing help, but the reality is that growing older can bring changes and the need for support. Everyone deserves to live their later years with dignity and comfort. Plan for what’s ahead with Lillesand Leonhard Law LLC.
Attorney Ashley Lillesand-Leonhard focuses on estate planning and elder law. As an experienced Medicaid planning attorney, she can guide you if you’re considering Medicaid as part of your long-term care strategy. Since 2007, she has provided clients with compassionate support during all stages of planning and beyond. Schedule your free consultation today to discuss your needs.
Understanding Medicaid Planning
Medicaid planning prepares you for the possibility of needing long-term care. As you age, you may require increasing care from loved ones, professional caregivers or assisted living facilities. Medicaid can help cover these vital costs, and careful planning can help protect some of your assets. However, before Medicaid benefits begin, the state considers many factors, including your age, health and overall financial picture.
Ashley does not assist with the initial Medicaid application. However, she provides valuable guidance after a Medicaid determination has been made, including:
- Senior asset protection strategies (subject to state rules and limitations)
- Long-term care planning
- Trust creation and management
- Estate planning considerations related to Medicaid
Medicaid planning is crucial in Wisconsin, where the average cost of a nursing home can range from $10,250 to over $12,000 per month. Without a plan, long-term care expenses can quickly deplete your life savings, potentially leaving little for a spouse, children or other beneficiaries.
Why You Should Include Medicaid Planning In Your Estate Plan
Medicaid planning should be a key part of your overall estate plan. By addressing potential long-term care needs early, you can:
- Protect your assets for your loved ones
- Ensure quality care and maintain your comfort
- Reduce financial stress on your family
- Maintain control over your health care decisions
Protect your family’s future – plan for yours. A Medicaid planning attorney experienced in protecting both can give you confidence in your plan.
Don’t wait for a crisis to happen. Proactive planning with a Medicaid planning attorney can help you avoid financial strain, loss of independence and difficulty accessing necessary care. Contact Ashley today to schedule a free consultation.
Call 414-488-6511 or fill out this online form to start protecting your assets and securing your future. Her law office is in Waukesha, but her services as a lawyer are available to clients in Waukesha, Milwaukee and surrounding counties.