At Axis Estate Planning, 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 those 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 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 stark: whether through a nursing home or in-home services, the cost of long-term care can deplete a lifetime of savings in just a few short years.
- The average annual cost of nursing home care now exceeds six figures.
- Medicare offers limited healthcare benefits—and crucially, it does not cover extended nursing home stays.
- Medicaid is often the only financial safety net available for long-term care.
But qualifying for Medicaid isn’t as simple as it seems. Strict income and asset limits mean that without the right planning, families may be forced to spend down their life savings just to become eligible.
At Axis, we believe you deserve better.
How Estate Planning and Medicaid Work Together
Without thoughtful estate planning, the dream of passing on a legacy—or even maintaining financial dignity in later years—can slip away. That’s why integrating Medicaid planning into your estate plan is a powerful, proactive move.
Here’s how we help you protect what matters most:
- Irrevocable Trusts: These trusts can safeguard your assets from being counted against Medicaid eligibility while still providing security for your loved ones.
- Asset Protection Planning: Carefully structuring how your assets are held can help preserve your wealth for future generations.
- Strategic Gifting: With the right timing and strategy, gifting can reduce your countable assets and help you meet Medicaid eligibility guidelines without risking penalties.
- Spousal Planning: If you’re married, we help you navigate Medicaid rules that can protect the healthy spouse from financial devastation while securing care for the other.
- Planning ahead—ideally years before care is needed—gives you the best opportunity to shield your family’s future. Waiting for a health crisis can severely limit your options.
Why Early Planning Matters
The best time to plan for long-term care is when you’re healthy, vibrant, and able to make clear, confident decisions about your future.
A well-structured estate plan integrated with Medicaid strategies:
- Ensures access to quality care when you need it most
- Protects your home, savings, and retirement accounts
- Preserves your ability to leave a meaningful legacy to those you love
Estate planning isn’t just about who gets what—it’s about ensuring peace of mind, stability, and security for every chapter of life.
At Axis Estate Planning, we’re here to walk this journey with you—listening, guiding, and crafting a plan that honors your life’s work and protects your family’s future.
Let’s Talk About Your Future
As healthcare costs and public benefits continue to evolve, partnering with an experienced estate planning attorney who understands Medicaid is more important than ever.
At Axis, we bring trusted guidance, thoughtful strategy, and a deep commitment to protecting what matters most—your family, your legacy, your life.
Visit Us: 900 Wilshire Drive, Suite 105, Troy, MI 48084
Call Us: (248) 920-9398
Learn More: www.axisattorneys.com
Axis Estate Planning
Trusted. Thoughtful. Here for what matters most.
