Medicaid Eligibility Planning

Navigating the Medicaid system can be complex, especially when you're trying to protect your family’s financial future. At Parks, Bryant & Snyder, PLLC, we help clients throughout Columbia and Middle Tennessee understand their options and prepare for long-term care needs. Our experienced elder law attorneys work closely with individuals and families to develop strategic plans that protect assets while maintaining eligibility for crucial government benefits.

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If you or a loved one is concerned about the rising cost of nursing home care or assisted living, Medicaid planning may offer peace of mind and financial security. By planning ahead, you can preserve your legacy and reduce the burden on your loved ones.

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PROTECTING ASSETS

PLANNING FOR CARE

Applying for Medicaid isn’t just about filling out forms — it’s about timing, asset management, and avoiding costly mistakes. Medicaid has strict income and asset limits, and failure to plan could result in ineligibility or significant delays in benefits.

Our attorneys provide tailored guidance to help:

  • Transfer or protect assets legally and ethically
  • Avoid penalties from improper gifting
  • Plan for the Medicaid “look-back” period
  • Qualify without spending down your life savings

Whether you’re planning proactively or facing an urgent care situation, we can help you structure a plan that works for your goals.

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WHAT MEDICAID PLANNING ADDRESSES

A well-structured Medicaid plan can:

  • Preserve the family home and other key assets
  • Structure income to meet Medicaid limits
  • Avoid or reduce estate recovery by the state
  • Prevent financial strain on spouses and family members
  • Provide peace of mind for long-term care funding

Every family is different — we tailor our approach to your needs, financial situation, and timeline.

Frequently Asked Questions

  • How early should I start Medicaid planning?

    Ideally, at least five years before long-term care is needed, to avoid the “look-back” penalty period.

  • Can I give away assets to qualify?

    Not without risk — improper gifting can trigger penalties. Strategic, lawful planning is essential.

  • Does Medicaid cover assisted living or only nursing homes?

    It depends on the state and facility. Tennessee offers limited coverage — we’ll help you understand your options.

  • Can I protect my spouse’s finances if I go into care?

    Yes, “spousal impoverishment” protections and planning strategies can help preserve income and assets.

PLAN AHEAD WITH CONFIDENCE

Start your Medicaid eligibility planning today with Parks, Bryant & Snyder. We’ll help you understand your rights, protect your assets, and prepare for the future with confidence and compassion.

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