Estate Planning Meets Medicaid: A Strategy for Long-Term Care

At The Lansky Law Firm, we believe that true estate planning isn’t just about preparing for what happens after you’re gone—it’s about protecting your future while you’re living, thriving, and caring for the people you love.

Today, one of the most important aspects of modern estate planning is planning for long-term care—and understanding how Medicaid fits into that plan.

With healthcare costs climbing and long-term care needs making headlines, it’s more critical than ever to have a strategy in place that secures your care without sacrificing your financial legacy.

The True Cost of Long-Term Care

The reality is sobering: whether through a nursing home or in-home services, the cost of long-term care can quickly deplete a lifetime of savings.

• The average annual cost of nursing home care now exceeds six figures.

• Medicare offers only limited healthcare benefits—and crucially, it does not cover extended nursing home stays.

• Medicaid often becomes the only financial safety net available for those requiring long-term care.

However, qualifying for Medicaid isn’t simple. Strict income and asset limits mean that without careful planning, families may be forced to spend down everything they’ve worked so hard to build just to qualify.

At The Lansky Law Firm, we believe you deserve a better solution.

How Estate Planning and Medicaid Work Together

Without thoughtful planning, the dream of passing on a legacy—or even maintaining financial dignity later in life—can easily slip away. That’s why integrating Medicaid planning into your estate plan is a powerful and proactive move.

Here’s how The Lansky Law Firm helps you protect what matters most:

• Irrevocable Trusts: We help you establish trusts that safeguard your assets from Medicaid eligibility calculations while still providing for your loved ones.

• Asset Protection Planning: We carefully structure your assets to preserve your wealth for future generations.

• Strategic Gifting: With the right timing and strategy, gifting can help reduce your countable assets and assist you in qualifying for Medicaid without triggering penalties.

• Spousal Planning: Married couples face special challenges under Medicaid rules. We guide you through strategies designed to protect a healthy spouse while ensuring needed care for the other.

Planning ahead—ideally years before long-term care is needed—gives you more flexibility and better options to protect your family’s future. Waiting until a health crisis strikes can significantly limit your choices.

Why Early Planning Matters

The best time to plan for long-term care is when you’re healthy, vibrant, and able to make confident, well-informed decisions about your future.

A comprehensive estate plan that integrates Medicaid strategies can:

• Ensure access to quality care when you need it most

• Protect your home, savings, and retirement accounts

• Preserve your ability to leave a meaningful legacy to those you love

Estate planning isn’t just about who gets what—it’s about providing peace of mind, stability, and security for every chapter of life.

At The Lansky Law Firm, we’re here to guide you every step of the way—helping you protect everything you’ve worked so hard to build.

Let’s Talk About Your Future

As healthcare costs continue to rise and public benefits evolve, partnering with an experienced estate planning attorney who understands Medicaid is more important than ever.

At The Lansky Law Firm, we offer trusted guidance, practical solutions, and a deep commitment to protecting what matters most—your family, your legacy, your life.

Visit Us: 6800 Poplar Ave #225, Memphis, TN 38138

Call Us: (901) 767-7006

The Lansky Law Firm Peace of Mind through Preparation.