Medi-Cal Planning & Asset Protection in Los Angeles and South Bay

Susan has been successful in helping many elderly adults with the complicated yet often critical process of Medi-Cal Planning and Asset Protection in Los Angeles and the South Bay area.

Medi-Cal Asset Protection generally takes one of two forms:

1 – Crisis planning:

This applies when you or a loved one has already been admitted to a nursing home or is about to be admitted. I have a quick response system in place in Los Angeles for crisis Medi-Cal planning, and can help you get answers quickly. I can often tell you within hours, not days, whether I can save you money. If you have a medical emergency that qualifies you for Medi-Cal, I can help you take immediate steps to protect your assets, while remaining eligible for benefits.

2 – Five-year planning:

This entails planning ahead to make sure you will be eligible for Medi-Cal in Los Angeles and South Bay area, while still protecting your assets for your spouse or children. The bottom line is that you don’t have to go broke from in home or nursing home care. The law allows people to keep their homes and much of their money- if they know how, but it is critical to have the assistance of an expert like me who knows how to do it.

There are two distinct programs within Medi-Cal:

The first program is the “Medical” Benefit, which acts as a health insurance benefit. The asset qualification depends on single or married status.

The second program is the “Long Term Care” entitlement which will cover medical expenses but also help with Skilled Nursing Facility expenses and Hospice in most cases.

***If both spouses are in a nursing home their joint non-exempt assets cannot exceed $3000.00. If only one spouse needs nursing home care the Community Spouse Resource Allowance (how much the couple may have in non- exempt assets) is $117,240. An example of an exempt asset, meaning one that will not be counted for Medi-Cal eligibility is the house you live in, one car, IRAs as long as the minimum mandatory distributions are being taken, a pre-paid burial plot, a term policy with a face value of no more than $150000 as well as assets held by an irrevocable trust. This confuses many people who think that because their assets are held by their trust they are unavailable. That is not the case. Most trusts are revocable living trusts meaning whoever established the trust can revoke it, change its terms or spend everything that the trust owns on a whim. An irrevocable trust takes those rights away. Since the assets are unavailable to the creator, they are unavailable for purposes of qualifying for Medi-Cal in Los Angeles and South Bay areas. Medi-Cal for long term care also requires a share of cost. That means that all of the institutionalized person’s income except $35.00 will go to the facility before Medi-Cal will kick in any subsidy. Where there are two spouses, the non-institutionalized spouse is entitled to keep all of his/her income, even if it is $10,000 a month. At a minimum, that spouse is entitled to $2931.00. This is called the minimum Monthly Maintenance Allowance. Before the institutionalized spouse’s share of cost is taken, the stay at home spouse will get an allocation of his/her income to bring the stay at homes spouse’s up to $2931.00. If there is not enough income to do so, there is a way to keep more exempt assets so that they can be invested to create a larger income stream. ***“Proactive planning” Not 5 year it is 30 months in California

Look no further than the offices of Susan B Geffen when it’s time to protect assets in Los Angeles and the South Bay area. Having an experienced asset protection lawyer in Los Angeles will definitely benefit you. Give Susan a call now. With an experienced asset protection attorney in Los Angeles on your team, you can rest easy.

Medi-Cal Planning & Asset Protection

The Law offices of Susan B Geffen can guide you through the complicated process of applying for Medi-Cal. We regularly work with families that are concerned about the high cost of caring for an elderly relative and wishing to avoid Medi-Cal recovery from the estate.

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Estate Planning (Living Trusts, Wills)

The Law offices of Susan B Geffen has helped hundred of families protect the assets they have worked a lifetime to acquire. We can help make sure your home and other property is properly distributed to your heirs and avoids probate. This also helps avoid family infighting over inheritance distributions.

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Probate

The Law Offices of Susan B. Geffen can help you with probate in Los Angeles and South Bay Area. Probate is the first step in the legal process of administering the estate of a deceased person, resolving all claims and distributing the deceased person’s property under a will.

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Conservatorships

Susan B Geffen Law Offices can also help with a conservatorship if the circumstances call for it. A Conservatorship is created when the Court appoints a Conservator to protect the proposed Conservatee from serious health problems and/or from undue influence in financial matters. Conservatorships are often created due to an elderly person suffering from Alzheimer's or a stroke.

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Nursing Home Abuse Attorney

Susan B. Geffen has been looking out for the elderly for over 25 years as an elder law attorney, gerontologist, and former law professor. She is the author of the book, “Take That Nursing Home and Shove It!”

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Trust Litigation

Susan B. Geffen has been looking out for the elderly for over 25 years as an elder law attorney, gerontologist, and former law professor. She is the author of the book, “Take That Nursing Home and Shove It!”

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Special Needs Trust Planning

Susan B. Geffen has been looking out for the elderly for over 25 years as an elder law attorney, gerontologist, and former law professor. She is the author of the book, “Take That Nursing Home and Shove It!”

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Testimonial

My parents and I retained Susan Geffen’s legal services to navigate through the Medi-Cal process and to preserve my parent’s assets. The process was long and hard, but Susan hung in there with us, even when my parents seemed reluctant and indecisive. Susan showed her professionalism and concern for the elderly by continuing to provide legal services and guidance without payment during a period between the two phases of our journey. I would recommend Susan to anyone in need of legal services relating to the elderly and elder care.

Rick Y. Torrance, CA

Contact Susan

Call Susan today (888) 422-6070 or send her a message by filling out the form below.