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What is Medi-Cal Planning?
Medi-Cal planning is the process of planning for your Medi-Cal eligibility with the objective of helping your family preserve their assets and still qualify for Medi-Cal benefits.
Whether an individual is eligible for Medi-Cal is determined by the amount of income and assets that individual or couple possesses. Therefore, Medi-Cal Planning involves the purchasing, transferring, conversion and/or liquidating of assets to enable you or a loved one to qualify under Medi-Cal’s eligibility requirements. It is completely legal to manage your income and assets in order to qualify and maximize your eligibility for Medi-Cal benefits.
With long term care costs as high as thousand dollars per month, it is easy to worry about your financial future. By careful planning, you may be eligible for Medi-Cal benefits that can help you pay the high cost of nursing home care or help you to receive care services in your home. For example, if you cannot qualify for or afford long-term care insurance, you may find it beneficial to create a trust with special language to enhance your eligibility and preserve your income and assets. Medi-Cal Planning is about asset preservation. This planning may involve the purchasing, transferring, conversion and/or liquidating of assets to enable you or your loved one to qualify under Medi-Cal's test of income and resources.
It is important to consult with an experienced Medi-Cal planning attorney in advance of completing a Medi-Cal application. By employing a variety of strategies applicable to your individual situation, this will ensure the greatest possibility of acceptance in the Medi-Cal program.
Can I Qualify for Medi-Cal?
Due to changes in federal laws enacted in 1996, almost anyone can qualify under Medi-Cal’s eligibility tests. Qualifying is done by working within the complex rules and regulations of Medi-Cal. The planning requirements may be different from one individual to the next. It all depends on your personal set of circumstances. It is important to speak with a Medi-Cal planning attorney about the details of your individual situation as soon as possible.
Depending on various factors such as your age and marital status, there are certain income and asset qualifications in order to be eligible for Medi-Cal.
You may, however, be able to keep various assets that will not affect your eligibility, such as:
• Your home
• Household items
• Personal effects
• Burial arrangements
• Automobiles
How Can We Help?
The Medi-Cal application process is a complex and detailed process where certain decision can have significant consequences. It is important to carefully analyze your individual situation, and to create a detailed plan for you and your family before taking any actions. As experienced Medi-Cal planning attorneys, we will help you determine whether you are eligible for Medi-Cal and will carefully assist you throughout the application process. At The Guerrero Law Firm, we offer effective planning strategies that help clients qualify for Medi-Cal benefits. We provide personal attention and are genuinely involved in every case we handle. With our representation, we can work to find affordable solutions that can help you and your family plan for the future.
Please contact our office via telephone at 866-948-3773 or by email chris@guerrerolaw.net as soon as possible for a free initial consultation to discuss your individual situation. Please feel free to simply enter your contact information in the on line form on the right side of this page and you will be contacted by a member of our firm to schedule a free initial consultation.
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