Medicaid Planning in Honolulu, Hawaii

Helping Clients Plan for Their Future

The estate planning process is a crucial step in preparing for what happens after you pass away. The last thing you want to happen is for your loved ones to be left with nothing, or for them to be burdened with the stress of dealing with the legal and financial issues that arise when you die.

Medicaid planning is one of the most important steps to take in your estate plan, and our firm is here to help you get the assistance you need. Abrell Law is here to help.

Call (808) 215-4223 or contact us online today to learn more about how we can help you prepare for the future.

What Is Medicaid?

Medicaid is a federal program that provides medical assistance to low-income individuals who meet certain eligibility requirements. It is designed to help people who have little or no income, few assets, and few resources to pay for nursing home care.

Medicaid is administered by the states and is funded by both the federal and state governments. As such, each state can set its own eligibility requirements, which can vary from state to state.

Medicaid is available to individuals who fall into one of the following categories:

  • Pregnant women
  • Children under the age of 19
  • Adults ages 19-64 who are blind or disabled
  • Adults ages 19-64 with incomes below the minimum level set by the state

Elderly adults are not eligible for Medicaid, but they are eligible for Medicare, which is a federal program that provides medical insurance for people who are at least 65 years old.

What Can I Do to Prepare for Medicaid?

Medicaid is a means-tested program, which means that the government will look at your income and assets to determine your eligibility. If you have too much income or too many assets, you will not be eligible for Medicaid. By taking certain steps, you can reduce your assets and income so that you qualify for Medicaid.

Our firm can help you determine which assets to keep and which ones to sell so that you can qualify for Medicaid. We can also help you determine how to reduce your income so that you can qualify for Medicaid.

We can also help you apply for Medicaid, as well as file for a hardship waiver if you are already receiving benefits and need help with a financial hardship.

What Assets Should I Keep?

The first thing you need to do is determine which assets you want to keep and which ones you want to sell. Generally, you want to keep your home, your personal belongings, and your retirement accounts. You may also want to keep some investments if you can afford to do so. You will want to sell your other assets, such as your investments, business interests, and life insurance policies.

You will also want to convert your assets into ones that are considered non-countable assets, such as the following:

  • Cash
  • Retirement accounts
  • Personal property
  • Life insurance policies

If you need help deciding what assets to keep and what ones to sell, our firm can help. We can also help you determine which assets should be converted into non-countable assets.

How Do I Apply for Medicaid?

Applying for Medicaid can be a confusing process, especially if you are not familiar with the program. We can help you apply for Medicaid and make sure that your application is approved.

We can also help you apply for a hardship waiver if you are already receiving benefits and need help with a financial hardship.

How Can Abrell Law Help?

Our firm is here to help you plan for your future. We can help you determine which assets to keep and which ones to sell so that you qualify for Medicaid. We can also help you apply for Medicaid, as well as file for a hardship waiver if you are already receiving benefits and need help with a financial hardship.

Call (808) 215-4223 or contact us online today to learn more about how we can help you prepare for the future.

Helping You Plan for Your Future

Estate Planning Services

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    “Very helpful and respectful. Helped me through my case with no problems!”

What is the Abrell Law Difference?

  • Over Two Decades in Hawaii
    With over 20 years living in Hawaii, serving the local community and fostering meaningful relationships is one of Justin's top priorities.
  • Direct Access to Your Attorney
    You won't be passed off to legal staff at any point when you work with Abrell Law. From the very beginning, you will speak with Justin so he can have a good understanding of your unique case.
  • Culture of Compassion & Transparency
    We take your legal matter seriously. Until we resolve your case, you can expect us to listen to your needs and honestly provide solutions that are always in your best interests.

Ready to Discuss Your Case?

Contact us online or call us to discuss your situation, evaluate your case, and discuss your options.

808-215-4223
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