In a recent interview, Michele Ungvarsky, elder law, and estate planning attorney at Estrada Law in Las Cruces, NM, has just revealed important misconceptions about qualifying for institutional medicaid. —
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When asked to comment Ms. Ungvarsky said, “Paying for elderly care – nursing home care costs - can deplete resources quickly and drastically reduce your quality of life. Medicaid can help lift this burden off your shoulders by covering most or all of these costs,” she said.
However, Ungvarsky says that the majority of the population has a couple of misconceptions about qualifying for and receiving Medicaid benefits.
She added that many of her clients often think that they have too many assets to qualify for Medicaid.
“What many of my clients don’t realize is that they can protect their assets and qualify for Medicaid. Most people qualify for Medicaid benefits – but only if they plan for it. Contacting an experienced elder law attorney will help you plan before applying for Medicaid,” she said.
Ungvarsky added that another misconception is that people who are denied Medicaid after applying are not eligible for coverage.
When asked to elaborate, Ungvarsky said, “A lot of people assume that being rejected for Medicaid is like being denied a bank loan, meaning that they can’t apply again. However, this is false. There are a number of reasons why a Medicaid application might not be approved, and an elder law attorney can use various strategies, which are legal, to get it approved.”
Ungvarsky added that the most common reasons an application is rejected include too many assets, incorrect or missing paperwork, or spouse-related issues.
“By using the strategies provided by a qualified elder law or estate planning lawyer, you can maintain a certain quality of life by continuing to live off any converted assets or income, while your family can rest assured that your finances are in order,” she said.
“If you’re unsure if you qualify for Medicaid or not, the best thing to do is to consult with an elder law attorney, so you can get advice on your unique situation,” Ungvarsky said.
Name: Michele Ungvarsky
Email: Send Email
Organization: Estrada Law, P.C.
Address: 1340 Picacho Hills Dr, Las Cruces, NM 88007, USA
Phone: +1 575-556-2462
Source URL: http://RecommendedExperts.biz
Release ID: 319924