Protect Your Family's Legacy from Nursing Home Costs

Name: Prior Law
Price range: $$$

You May Be Able to Save $100,000s With Strategic Medicaid Planning

Don’t let nursing home costs drain your life savings. Protect your assets with time-tested strategies

Speak to an experienced medicaid asset protection attorney ASAP.

$8,000 Per Month

Virginia nursing home costs can quickly deplete a lifetime of savings, with annual expenses reaching $96,000 or more. Without protection, these costs directly impact your retirement security.

40% Protected

Our strategic Medicaid planning helps families shield a substantial portion of their assets. Even if nursing home care is already needed, we may be able to protect 40% or more of your life savings.

24/7 Coverage

Secure comprehensive nursing home care coverage while maintaining your family's financial stability. Our Medicaid planning services can help ensure you have access to quality care without sacrificing your legacy.

Common Myths of Medicaid Planning

Myth: "I have to spend all of my money before I can qualify for Medicaid."

Reality: Through strategic legal planning, you can protect a significant portion of your assets while still qualifying for Medicaid benefits. Our clients may be able to preserve hundreds of thousands of dollars using tested legal protections, maintaining both their eligibility for benefits and their financial security.

Myth: "It's too late to protect assets once nursing home care is needed."

Reality: Even if your loved one is already in a nursing home, crisis planning strategies can protect substantial assets. Through immediate action, our clients can potentially save 40% or more of their family’s assets – but every day of delay puts more of your savings at risk.

Myth: "Medicaid will take my home."

Reality: With proper legal planning, your home can remain protected while qualifying for Medicaid benefits. Virginia law provides multiple pathways to shield your primary residence, and we may be able to implement specific legal protections to ensure your home remains a legacy for your loved ones.

How Strategic Medicaid Planning Can Help

Asset Protection

Creating protected income streams.
Shielding your home and investments.
Preserving inheritance opportunities.

Financial Security

Spousal financial independence.
Compliant asset transfer plans.
Converting countable assets.

Crisis Management

Immediate care planning
Emergency asset protection
Quick response strategies

Virginia Medicaid

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Understanding Your Eligibility

Virginia Medicaid rules establish specific thresholds for long-term care coverage. For individuals seeking nursing home or comprehensive in-home care, both medical needs and financial resources determine eligibility.

Medical needs assessment examines your ability to manage daily activities independently. This evaluation helps determine the level of care required and ensures you qualify for appropriate benefits.

Financial eligibility involves two key measures. First, your monthly income cannot exceed $2,742 (as of 2024). Second, you must have no more than $2,000 in countable assets. However, many valuable assets often don’t count toward this limit.

Certain assets remain protected, including your primary residence (subject to equity limits), one vehicle, personal belongings, and specific burial arrangements. Understanding which assets count—and which don’t—forms the foundation of effective Medicaid planning.

Protecting Your Assets

Virginia Medicaid’s five-year lookback period means timing matters in asset protection. During this period, Medicaid reviews all financial transactions to ensure they meet specific requirements. This includes examining any gifts, transfers, or sales of property made within five years of your application.

For married couples, special spousal protection rules help prevent impoverishment of the healthy spouse. These protections allow the spouse living at home to maintain financial stability while still qualifying for benefits. Through careful planning, you can often protect significant assets for your spouse’s security.

Asset protection strategies might include converting countable assets into exempt resources, establishing qualified trusts, or structuring appropriate compensation for transfers. Each approach must be carefully designed to comply with Virginia’s specific regulations while maximizing protection for your family.

Creating Your Protection Plan

Every family’s situation requires a unique approach to Medicaid planning. Early planning provides the most options and typically offers the greatest asset protection. Starting early allows for strategic decisions about property transfers, trust establishment, and income structuring.

However, we understand that circumstances sometimes require immediate action. Crisis planning options exist even when nursing home care is already needed or imminent. Through careful analysis of your specific situation, we can often protect substantial assets even in urgent situations.

Whether planning ahead or responding to immediate needs, we help structure your approach to:

- Maximize asset protection within legal guidelines
- Ensure continuous access to quality care
- Maintain family financial stability
- Protect your spouse’s financial security
- Preserve resources for future generations

Prior Law guides you through each step, ensuring your plan aligns with both current regulations and your family’s long-term goals.

Why Choose Prior Law for Medicaid Planning?

Current knowledge of Virginia Medicaid regulations.
We come to you anywhere in the Central Shenandoah Valley region.
Clear communication without confusing legal jargon.
Strategic approach to asset protection.
Compassionate guidance through difficult decisions

Take Action to Protect Your Family's Assets

Stop Losing $250+ Per Day to Nursing Home Costs

Every passing day without proper planning can jeopardize your financial security. The earlier you act, the more you may preserve—but even in emergencies, there are options to protect a substantial portion of your assets. Due to our personalized approach and commitment to each client, we can only accept a few new clients each month. Schedule Your FREE Consultation Today.