Medicaid Planning

If you are ever to find yourself in need of nursing home or in-home care, Medicaid coverage can be of huge benefit toward protecting your assets. There are many misconceptions about Medicaid eligibility, but the truth is that there are many ways to become eligible for Medicaid while protecting your hard-earned money.

Without Medicaid coverage, you will be personally responsible for covering the monthly cost of nursing home care. In the Tulsa, Oklahoma and Broken Arrow, Oklahoma, the average monthly cost is $4,500 to $7,500 and continues to rise That money will quickly be depleted from any savings or retirement accounts you have stored away, and you will then have to turn to other assets to pay for this care – like your home, cars, and other material possessions.

You might think that you own too much or that your income is too high to qualify for Medicaid. In truth, there are ways to expedite qualification for Medicaid with the help of an experienced attorney. Littleton Legal has helped some of our Elder Law clients save hundreds of thousands of dollars.

For starters, we help you work around the income and asset limits for Medicaid eligibility by knowing what is and is not included in your eligibility, such as your home or vehicle. You might also incorrectly think you have to “spend down” all of your net worth to qualify for Medicaid. We help our clients to create a plan that prevents or minimizes the need to spend down their assets before qualifying for Medicaid.

Crisis Medicaid Planning vs Non-Crisis Medicaid Planning

It’s important, know the difference between crisis planning and non-crisis planning. If your long-term care is eminent, or if you’re already in a nursing home or using in-home care, this is what we refer to as crisis planning. Unfortunately, if you wait until the need is upon you, you can spend thousands of dollars on upfront care costs while the application is prepared, and eligibility is established.

If your long-term care is not immediate and you’re planning ahead for the future possibility of needing long-term care in your house or a nursing home, this is referred to as “Non-Crisis Planning.” Non-crisis planning is the most efficient way to save your assets from being drained by long-term care costs. It also saves you and your family from the added stress of watching your accounts suffer while you suffer, as well.

Testimonials

Littleton Legal is to be commended for their promptness and professionalism preparing legal documents for my family. They were fantastic to work with on a schedule for our phone conversation and pick-up of our documents. I highly recommend Littleton Legal.

Arlynda S.

After our family friend passed away at 50 without a will or estate plan, I knew that I didn’t want my kids and spouse to go through the chaos my friend did. I can say that I have been thoroughly impressed with communication from their office. I like that Brittany has business experience and has answered questions about my LLC as well.

Melissa L.

I just want to Thank Littleton Legal for helping us with our Estate Planning and Will at a time that was very crucial that we get everything in order, and as many of us do we wait until something bad happens and then are trying to get everything done last minute. I cannot Thank Christy enough for being so kind to us and moving on things so quickly to get everything finalized when we already had so much going on, Thank You again to everyone at Littleton Legal, I plan on giving you more of my business and will refer you to as many people as I can!

Neovella S.

Littleton Legal helped my family with estate planning, and we felt very good having our options explained to us in a way that we understood. They were willing to help us with some non-traditional agreements we needed to include, and made sure we fully understood the potential impact of our choices in putting together our affairs. I am so glad that we started our marriage off this way; waiting until closer to the end of your life makes it much more difficult and emotional, as I have seen with our older relatives. Thanks Littleton Legal, for giving us the comfort of knowing our children won’t have to fight for our assets when we are gone.

Rebeka M.

I highly recommend the team at Littleton Legal for any needs related to estate planning, preparation and for a variety of business support services. Brittany and her team can help get you ready for the unexpected and will do it in a respectful and professional manner.

Kristi S.

I am the single parent of three and have a business, so getting my estate in order was not going to be an easy task, and I really needed to trust that the person doing it would do it correctly. I had worked around Littleton Legal for about three years and had considered them and several others for my estate work and very happily landed with Littleton Legal. Brittany and her team are knowledgeable, trustworthy, effective, and move quickly, which is what I was looking for. They use technology in a savvy way that saved me time and emotional energy. And, Brittany is always careful to explain why she is suggesting the strategy she’s suggesting and what the pros and cons are. I could not have found a better partner for my family’s financial security and I can’t recommend the firm highly enough.

Shelley C.

I co-counseled with Natalie on a probate matter involving foreign national. Natalie maintained a high level of integrity and kept the cost at a reasonable level. Eventually she negotiated for a resolution that’s in the client’s best interest. I’m impressed by the professionalism and would like to give her a shoutout.

Hansi M.

I couldn’t recommend working with Littleton Legal enough. Brittany and her team are professional, knowledgeable, and experienced. All of my questions were answered through my Estate planning. Brittany even made sure that questions I hadn’t thought to ask were answered as well. I’m so happy to have Littleton Legal on my side!

Jenn N.

Littleton Legal was a pleasure to work with from beginning to end. Their team helped my colleagues and me with issues around corporate formation and 501(c)(3) application. With the expert service of Littleton Legal, our nonprofit was granted tax-exempt status under 501(c)(3) as a public charity within a year of applying. Highly recommended for your business needs.

Marley S.

Brittany and her staff were so easy to work with. I went in not knowing a ton about estate planning and ended the process feeling confident in my understanding and of the decisions being made. There’s probably never a comfortable time to spend the money and effort on estate planning, but she has the process so streamlined that it was really painless. I highly recommend!

Allison H.

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