Protecting money from nursing homes and Medicaid

Protecting money from nursing homes and Medicaid

Attorney Tom Olsen: Ann, you are on News 96.5, go ahead.

Ann: Yes. My dad has $400,000 sitting in a checking account. He's in the ALS, possibly going to have to move to skilled nursing. I had a senior advocate who said that that money he has can be moved somehow so that he would qualify for Medicaid.

Attorney Tom Olsen: Great, great news Ann. That $400,000 can be protected. We can get your dad qualified for Medicaid. The Olsen Law Group would love to assist you with that.

Ann: Okay. That's a moral thing to do, it's not illegal?

Attorney Tom Olsen: It is absolutely not illegal. There are absolutely legal tools that we have access to that we can protect that $400,000 and qualifying for nursing home and Ann, nursing homes are 8,000 to 10,000 bucks even if your dad wanted to pay for it, hey that rate is not going to last very long.

Ann: You are right.

Attorney Tom Olsen: You call me attorney Tom Olsen and Olsen Law Group, we have some great experts that can help you through that process.

Ann: Okay, great. Okay. Thank you.

Attorney Tom Olsen: All right Ann. Bye, bye.