Maguire Legal Group assists families in protecting the assets and well-being of seniors in the Akron area. As the population ages, an increasing number of Ohioans will require assisted living, home care, or nursing home care.
Medicaid is a needs-based program that helps individuals cover the cost of care if they do not have sufficient assets to pay for it. In order to qualify for Medicaid, an individual must spend down most of his or her assets. It is a common misconception that someone applying for Medicaid must forego all his or her assets in order to qualify; that is simply not the case.
The process of qualifying for Medicaid is complex, but there are several things that Maguire Legal Group can do to protect the assets that families value while ensuring that the level of care needed for that family member is met or exceeded.
Deciding when and how to move a loved one into nursing home care is difficult even without the added stress of determining how to pay for that care. Maguire Legal Group helps clients navigate this challenging time.
Most families are not able to pay for long-term care out of pocket for long. There are programs available to supplement seniors’ income so that the care they need becomes more affordable. Our attorneys can also assist in identifying senior living communities that meet both medical and financial needs.
When an older family member has failed to create an estate plan with medical and financial powers of attorney, a guardianship may be necessary. A guardianship is a process through which the probate court declares a person to be legally incompetent and appoints someone else to make decisions about their medical or financial well-being. The incompetent person is referred to as the ward.
There are two types of guardianship: guardianship of the person and guardianship of the estate. A guardianship of the person allows another person to make medical decisions or living arrangements for a ward. A guardianship of the estate appoints another person to manage the financial affairs of the ward. Depending on the needs of a potential ward, the attorneys at Maguire Legal Group can advise you about both types of guardianship.
We invite you to contact us to schedule a consultation at no charge with attorney Jacqueline Mahland to answer your questions about any of these elder law matters. She can help seniors and their family members protect assets while receiving the best care available.