Miami Jewish Health Systems

Miami Jewish Health Systems takes a personalized and pioneering approach to providing high-quality clinical care to each resident. With a focus on empathy, the staff consists of more than 1,200 healthcare professionals that provide care while striving to make a deeper connection with each individual being cared for.

Miami Jewish Health Systems believes in healthy aging, taking a thoughtful approach to individualized care. This includes fully understanding each resident’s health history and unique needs while facilitating a high-quality lifestyle and level of care. 

Miami Jewish EmpathiCare^SM is a care model that promotes person-centered, empathetic care through the use of specialized training, classes, and seminars.  

A variety of senior living options are available at Miami Jewish Health Systems, so the facility can offer a unique combination of assisted and independent living. With health services like skilled nursing, rehabilitation, kidney care, and cognitive care, healthcare providers offer a comprehensive plan for your care or the care of your loved one.

Continue reading to learn more about estate planning and asset protection benefits as it relates to preparing for long-term care later in life.

Florida Estate Planning and Medicaid Asset Protection Lawyers

At Elder Needs Law, we specialize in niche practice areas, like asset protection and Medicaid planning, that help you prepare for your future care needs. 

We help clients all over the state of Florida create unique estate plans that ensure their assets are secured so that when long-term care is required later in life, they won’t have to go broke paying for it. 

For those who need help paying for long-term care now, one of our Medicaid planning lawyers can help.

Some advantages of working with Elder Needs Law include:

• Securing your current assets
• Preserving your retirement savings
• Reducing or eliminating probate costs
• Minimizing long-term care expenses
• Protecting your family home 

It’s never too soon to begin the estate planning or medicaid planning process and develop a plan for asset protection. It’s also never too late to start planning, but remember that you risk losing your assets to a long-term care facility if you wait too long. That’s why estate planning and asset protection are so important.

Working with the estate planning and Medicaid planning attorneys from Elder Needs Law helps to protect your assets and secure your future. Call us today to schedule your consultation.

Elder Needs Law Services

Medicaid Planning

It’s often assumed that Medicare will simply pay for your long-term care expenses like long-term care. However, this isn’t always true. 

Medicare often only pays for the first 20 days of a nursing home stay before it starts to reduce coverage. Then, for the following 80 days, you’re typically required to pay a copay. The longer your nursing home stay is, the more expensive the facility becomes, and for many, their life savings could end up being completely drained.

Here's why. To be eligible for Medicaid, you can only have so much wealth in your name. To meet the economic requirements, many people try to simply sell their assets to get their holdings down to the required amount.

But the good news is that you can receive Medicaid benefits without selling off your assets or going broke. Medicaid planning can help you navigate the system ethically and legally. It helps you qualify for Medicaid without giving up all of your money.

A Medicaid planning attorney from Elder Needs Law can walk you through the planning process. We’ll talk with you about the possible strategies that could make you eligible for Medicaid benefits without giving away your money or selling your property. Our elder care lawyers are skilled at saving clients’ money and we can secure your assets without affecting your Medicaid benefits.

For example, we’ll walk you through what the 60-month look-back period that Medicaid adheres to when it comes to transferring your assets. Many don’t realize that planning can be done at any time, there is no reason to wait five years. We have ways of protecting your assets within five years that do not involve gifting. 

The problem occurs if you give money or property to your family (other than your spouse) within five years. . 

Many people don’t know about this, so their Medicaid application gets denied because they transferred funds within the 60-month period. We can help you avoid this by setting up a trust or using a variety of other Medicaid planning strategies.

Talk to Elder Needs Law to create a strategic plan, which  will help you earn Medicaid benefits.

Comprehensive Estate Planning

Elder Needs Law offers help with many aspects of estate planning, such as:

• Wills
• Trusts
• Advance directives
• Powers of attorney

Elder Law

Elder Law encompasses many legal specialties, including:

• Medicaid planning
• Estate planning
• Probate
• Guardianship
• Nursing home abuse and negligence
• Retirement funds

Probate

Probate refers to the process after one’s death where an executor distributes the decedent’s assets. Probate can be time-consuming and expensive. The team at Elder Needs Law can help you create an estate plan that avoids probate.

Guardianship

Guardianship is when the courts grant legal authority to someone so they can take care of another person. Elder Needs Law can help you select a guardian for your loved one who needs someone to care for them.

Call Us Today to Speak With a Florida Elder Law, Estate Planning, and Medicaid Planning Attorney

Nervous about planning for the future? If you suspect you’ll eventually need long-term care, you probably already know it’s going to cost a pretty penny. You don’t have to go broke paying for your future care, though.

At Elder Needs Law, we’re dedicated to helping you preserve your wealth while planning for the next stage in your life. Estate and Medicaid planning can ensure that you get the care you need later in life while securing your assets for the future.

Contact us today to schedule your consultation.