Thank you for providing this information. We’ll reach out to you to see if you have questions about your estimate or to see if you’d like to have a copy of our Report on Set the Stage for Medicaid Eligibility.
If you went into a nursing home today, we estimate based on your annual rate of return and your total net worth (house and investible assets), that you’re net worth would need to be at least $x,xxx,xxx.xx to cover your annual expenses for a private nursing room without Medicaid help. This estimate is based on an average monthly private room cost of $x,xxx in the New York Metropolitan area. -If you’re covered, congratulations! Work with your estate planning attorney and financial advisor to protect the wealth you’ve been able to build so it can be passed on to your next generation. -If your net worth isn’t where it needs to be, you’re not alone. We help families of all levels of wealth plan based on their circumstances so they can qualify for Medicaid without losing all their assets every day. This type of planning takes time though and if you wait until it’s too late, we may not be able to help you save much of what you have. Call our office (317) 684-1100 to schedule a consultation so we can start your planning today.
