What is Elder Law in Minnesota?
Minnesota elder law attorneys help create a legal plan to protect your assets and ensure your wishes are met in your golden years of life. Today, our aging population faces several challenges, including the high cost of long-term care. An elder law attorney in Minnesota can help you or a loved one finance the cost of care with the lowest impact on your assets, like protecting your home or cabin. As you or a loved one age, the need for care shifts and preparing for elder care planning in Minnesota can be overwhelming. The earlier you start planning, the more options you or a loved one will have available for future care needs in Minnesota. Our experienced elder law attorneys can help you plan for your healthcare needs and protect your assets.
Our Minnesota Elder Law Services Include:
- Long-Term Care Planning
- Medicaid Planning
- Special Needs Planning
- Asset Protection Trusts
Understanding Medicaid Planning in Minnesota
Medicaid is a Federal and State program, and the rules vary from state to state. If you reside in Minnesota and need Medicaid, then Minnesota's Medicaid state rules apply. You can benefit greatly from an expert Medicaid planning attorney who understands Minnesota's specific Medicaid qualifications and application process to receive Minnesota Medicaid benefits.
Medicaid planning can be a complicated and confusing process. Minnesota Medicaid can be a massive benefit towards protecting your assets, especially if you require nursing home care or in-home care. Our attorneys can assist with Medicaid eligibility in Minnesota while protecting your assets. Without Medicaid coverage, you will be personally responsible for expending the monthly cost of your eldercare.
MINNESOTA ANNUAL MEDIAN COST OF CARE (2019)
- Homemaker Services $66,352
- Home Health Aide $69,784
- Adult Day Health Care $21,840
- Assisted Living Facility $45,600
Nursing Home Facility
- Semi-Private Room $120,914
- Private Room $132,448
Resource: Cost of Care survey
Without the aid of Medicaid, the cost of a Minnesota nursing home can wipe out your family's savings and plans to leave an inheritance for your loved ones. Our Minnesota law firm can help you protect your hard-earned life's savings from being spent down to pay for long-term care. Note cost of care can change by time and location, check with your local county for exact and current costs.
If you or a loved one need an experienced Minnesota attorney to handle your simple or complex estate plan, elder law needs, or to create a cabin trust, it's time to contact Neil Thompson, Attorney at Law at his Bloomington/Minneapolis law firm. We welcome you to contact us to learn more about how we can help meet your legal needs. Call us today at 612-441-1855.