Beware of Medicaid Estate Recovery

NAELA-Logo-Long-Quote-300x167If you are a homeowner requiring long term care such as a nursing facility and receiving financial assistance from Medicaid, you may be subject to Medicaid Estate Recovery.

Although your home is an exempt asset under the eligibility requirements of Medicaid, it may not be upon your death.  The State may recover expenses that they incurred by providing you with Medicaid benefits for long term care.  What this means is that the State can force the sale of your house and recover monies incurred by Medicaid.

Proper Medicaid planning can protect you from Medicaid Estate Recovery.  Please contact us for more information at 573-883-5000.  Don’t lose an asset that could have been protected for the benefit of your loved ones!

Feel free to browse this website for more information about Medicaid or any other areas of interest to you.

Facebook Iconfacebook like buttonTwitter Icontwitter follow button