Where Can I Find a Nursing Home Lawyer in St. Joseph Mo?

  • Where Can I Find a Nursing Home Lawyer in St. Joseph Mo?

      

     

    G Brent Powers Law Office
    3715 Beck Rd D-401, St Joseph, MO 64506
    Q5QW+6R St Joseph, Missouri
    18162330257
    https://gbrentpowerslaw.com/
    Nursing Home Lawyer in St. Joseph Mo
    Where Can I Find a Nursing Home Lawyer in St. Joseph Mo?

     

    We will help you and all your family members make informed decisions regarding Elder Law matters such as Medicaid planning, estate planning, asset protection, and nursing home planning. Each person has a different path to reach their "golden years", which unfortunately has become increasingly complicated over time. Our firm prides itself on offering unique planning and solutions tailored to our clients' needs. Contact us today if you have questions concerning your home, farm and real estate deeds.

    Elder Law

    Elder Law is a specialty that helps seniors and provides guidance. As we get older, we have to deal with many different issues. Elder Law includes these and many other areas that concern the elderly.

    Many elderly citizens worry that they will lose their home and savings if they are in need of long-term nursing home care. They don't wish to become a burden for their family or society.

    Brent has provided expert and thoughtful advice to thousands of families across Saint Joseph and Northwest Missouri, providing them with peace of heart. He has more than 30 years' experience working with clients to design estate plans and real estate transfers.

    Brent is available to help you understand Elder Law and create a plan for your future.

    Nursing Home Medicaid Planning. Planning for Medicaid and long-term care is a good idea. This is especially true if a parent or spouse may require nursing home care. Many people are unaware of the benefits of Medicaid and have not planned for it. Many families don't know who can be eligible for Medicaid or how their spouse and family can benefit from it. It is crucial to hire a nursing home attorney who has experience and is committed to helping families.

    Through effective nursing home Medicaid planning Brent has helped many families in our community save hundreds of thousands of dollars. As a Nursing Home Lawyer, Brent would advise a few key things to remember when it comes to Medicaid - Brent, a nursing home lawyer, would recommend a few key points to remember about Medicaid. Most of what you hear from others about nursing home Medicaid are well-meaning, but they are almost always wrong.

    It's almost never too early or too late to plan.

    Even if your loved one moves to a nursing facility, they can still be eligible for Medicaid assistance.

    Nursing Home AttorneyIt is important to understand the legal strategies and protections for spouses and families of residents in nursing homes. Many people fear losing their home and savings if the spouse or loved one is forced to move to a senior living facility. We can almost always insure that this won't happen to you.

    Numerous financial safety nets are available for both couples and seniors without jeopardizing Nursing Home Medicaid eligibility.

    Division of Assets

    The "Spousal Impoverishment" Act was passed by Congress in 1988. It was intended to prevent married couples from having to spend all their assets before one spouse is eligible for nursing home Medicaid. As a result, the "Community Spouse", the spouse who remains at home, is allowed to keep a portion of their resources and the spouse who needs Medicaid (the “Institutionalized Spouse”) can get benefits.

    Congress set limits on the assets that the Community Spouse may retain if the Institutionalized Spouse becomes eligible for benefits. These limits are often referred to as Community Spouse Resource Allowances (CSRA). The Missouri Community Spouse can retain $25,728 to $128,640.00 for 2020. This amount is adjusted every year to reflect inflation and costs of living. Missouri Medicaid requires that a Division of Assets Application be completed in order to determine what amount the Community Spouse will be permitted to keep.

    The Division of Assets is calculated the first day a Medicaid applicant is admitted into a hospital/nursing home for at least 30 consecutive days. The countable assets of a married couple (which excludes some assets exempted) are divided in two, with each spouse getting their own one-half share. It doesn't matter which spouse owns the asset. The couple's assets will be combined to determine the Division of Assets. This means that a spouse with significant assets will have their assets reduced. It is crucial to consult an Elder Law lawyer to help you navigate this process. This will ensure that everyone's rights are protected. According to a Wall Street Journal article, 86% live below poverty level because they have to pay for the care of their spouses.

    Consider John and Mary, a married couple, with $300,000 of financial assets. John suffers from dementia and requires nursing home services. The Medicaid caseworker assigns the $300,000 worth of financial assets to Mary, who will then CSRA $128,640 and John $171,360. John must be under $5,000 in order to qualify for Medicaid. John will tell his family to spend $166.360 of John's assets. John and Mary will be told that John must spend 55% their lives' savings before John can apply for Medicaid. A reduction of the assets of the Community Spouse of this magnitude will mean that 86% of the surviving spouses will live below the poverty line because of the spouse's medical expenses.

    John and Mary won't have to use any of the savings they have if they do their planning in a timely manner with the help and assistance of G. Brent Powers (Medical Asset Protection attorney). To avoid an expensive and regrettable situation, it is important to prepare the right legal documents and strategies.

    But what if planning wasn't done in advance? Do you think all is lost? The good news is that the answer to this question is "no". Mary would be able to keep almost all of her financial assets even if John is now in a nursing care facility by using what is called a "Marital Medicaid Compatible Annuity". G Brent Powers has both the expertise and experience to ensure Mary's safety and prevent her from becoming homeless.

    Brent always makes time to meet in person with clients before presenting or applying for a court appearance.

    Real Estate / Deeds

    As people age, they start to think about how to transfer their property, farmland or other assets to their loved ones. Others might need assistance selling real property without a broker.

    Nursing Home Attorney Brent PowersEvery family's situation must be assessed to determine the best course of action. Is it possible to gift property to your children right away? What happens if you need long-term care or nursing facility care? What living trust would be the best? What are the tax implications of transferring property? Is it possible for the owner to finance the sale?

    Over the years, Brent has helped many families make the right decisions when it comes to transferring their home, farm, and business properties.

    Estate Planning

    Proper estate planning means maintaining control of your assets while living, continuing to provide for your care and your loved ones, even if incapacitated or disabled, distributing your property after your death to whom you want, when you want and the way you want at the lowest overall cost.

    Proper planning requires that we consider the unique needs of your family and their assets. Only then, can we decide which documents and strategies are needed to make your planning work.

    Brent can assist you in setting up an appropriate estate plan.


    Administration of trusts

    Brent is available to assist you in determining the best way of handling your affairs.

    Since 1980, Brent Powers has been practicing law in Saint Joseph and Northwest Missouri.

    Although he began his career in the courtroom as a trial advocate, he changed to Elder Law due to the need of his parents, his older clients, and numerous referrals.

    He was the president of Saint Joseph Bar Association and volunteered for a number of community boards. He also participated in many events sponsored by Saint Joseph Bar Association to provide sound legal advice to people in need.

    Brent is from Northwest Missouri, and he grew up near Saint Joseph.

    He graduated from Central High School and received his undergraduate degree at the University of Missouri-Columbia. He then earned his law degree in Missouri – Kansas City.

    He is a member of National Academy of Elder Law Attorneys, and the National Organisation of Social Security Claimants’ Representatives.

    These national organizations offer education, training, as well as a national network for expertise to assist senior citizens and those with special needs.