In Michigan, even after the passage of the Deficit Reduction Act and with Estate Recovery looming, we still have many techniques available to help Michigan seniors plan, even in crisis mode, for the large monthly Michigan nursing home costs. The cost of a nursing home in Michigan can run between $6,000.00 to $7,000.00 per month. Through proper planning this bill can be picked up by Medicaid if you meet the necessary requirements.
Our Michigan Elder Law Attorney office helps Michigan seniors plan for the cost of long term care, including assisted living and nursing homes, through various legal methods including "half-loaf" strategies, irrevocable trusts, proper gifting strategies, utilizing Michigan Veterans Benefits, and other legal tools.
It is important that you consult a Michigan attorney familiar with planning for long term care because there are many traps for the unwary and unfortunately quite a bit of misinformation out there. If you were to make a mistake in planning it can lead to a disqualification or unattended penalty for your loved one.
If you would like more information on any of these long term care strategies, please contact our office.
Our Michigan Elder Law Attorney office helps Michigan seniors plan for the cost of long term care, including assisted living and nursing homes, through various legal methods including "half-loaf" strategies, irrevocable trusts, proper gifting strategies, utilizing Michigan Veterans Benefits, and other legal tools.
It is important that you consult a Michigan attorney familiar with planning for long term care because there are many traps for the unwary and unfortunately quite a bit of misinformation out there. If you were to make a mistake in planning it can lead to a disqualification or unattended penalty for your loved one.
If you would like more information on any of these long term care strategies, please contact our office.
