Elder Law/Medicaid Planning

Shreveport, Louisiana Elder Law Attorneys

A simplified way of looking at the practice of Elder Law is to ask yourself the following question: Do you want the government to get your money, or do you want your kids to get it?

The elder law practice of Weems, Schimpf, Gilsoul, Haines, Landry & Carmouche (APLC) helps clients preserve their assets while planning for good quality care in a nursing home or long-term assisted living facility.

The practice of Elder Law starts out with a good estate plan. A simple will can be a simple blunder because there are so many things it doesn't cover.

Next, Medicaid planning involves arranging your financial affairs to qualify yourself for Medicaid benefits in order to preserve for your children or other beneficiaries their intended inheritance. It usually involves transferring your assets to your children, directly or in trust, in order to reduce your assets to the point where you qualify for Medicaid. If you are successful in this planning, the state will pay for your nursing home care, and your estate will pass to your children. Medicaid planning is highly technical. The law has changed and the mistakes can be very costly. The new law can penalize you for making gifts, even to your church, and the government will refuse to pay for nursing home care, unless you have planned properly.

Our law firm offers a comprehensive approach to Elder Law and Medicaid-planning called the Life Care Plan. It is a unique plan customized for your needs. Your plan is created for you by a team comprising attorney Joe Gilsoul; a geriatric care manager, Vickie Rech or a paralegal, Chrissy Harris.

Our law firm also assists clients in establishing guardianships and conservatorships (called interdictions in Louisiana) to provide the day-to-day assistance many elders need to manage their financial and personal matters during a period of incapacity.

For more information, contact an elder law attorney at Weems, Schimpf, Gilsoul, Haines, Landry & Carmouche (APLC).

Attorney Joseph Gilsoul is Board Certified in Estate Planning, Tax, and Probate/Succession by the state bar of Louisiana.

Learn More:

Medicaid Planning

Life Care Plan