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How can we preserve some of our life savings and still pay for the nursing home?
The No. 1 question we hear from people who need to obtain Medicaid assistance in order for their spouse to stay in a nursing home is: How can we preserve some of our life savings and still pay for the nursing home? Most people do not know that Michigan Law allows a married couple to keep 100% of their assets and still qualify for Medicaid assistance.
The Elder Law team at Parmenter O’Toole is committed to educating our community about the programs and services available to nursing home patients through Medicaid. To learn more about Medicaid Planning visit our website at http://parmenterlaw.com/services/elder-law/medicaid-planning/.