Click Here to Add a Title


THE PROBLEM


One in every two people over the age of 65 will have some type of stay in a nursing home, with one in 10 staying longer than five years. Long-term care costs, based upon a recent survey by Genworth Financial, shows median costs for home care at $65,000 a year and private pay nursing home care at $97,000 a year, according to University of Minnesota research. Costs like that can quickly consume a lifetime of savings, leaving families financially Devastated .



THE SOLUTION


Don't spend more than the Medicaid rules require to establish Medicaid eligibility, let us show you how we can protect your loved one's assets using our PROVEN Medicaid eligibility strategies. The goal of our Medicaid eligibility strategy is to provide our clients with the most cost-effective way to achieve eligibility for Medicaid. Once Medicaid eligibility is established, Medicaid will pay for your loved one's long term care. Using our proven Medicaid eligibility strategies we are able to protect 50%+ of your loved one's assets, and in some cases we are able to protect 100% of their assets for their beneficiaries. Don't private pay for a nursing home until you talk to us first.



Two Common Scenarios

Below are two of the most common scenarios that we see in our office. These case studies demonstrate a general idea of what we are able to accomplish. There are numerous factors that will determine the amount we are able to protect, but we will always be able to protect at least 50%+ of your loved ones assets.

Case Study: Single Person

Alice, a widow, is 81 years of age and is a permanent resident of a nursing  home. Alice has financial resources of $198,000.  Reverence Planning developed a Medicaid eligibility plan that protected $100,940 of Alice's estate for her beneficiaries while qualifying her for Medicaid long term care assistance.  Alice was able to protect roughly 50% of her estate for her beneficiaries.


If Alice had not done a Medicaid eligibility plan with Reverence planning, Alice would have been required to spend down $196,000 to qualify for Medicaid long term care assistance, leaving her family with almost nothing.

Case Study: Married Couple

Meet Earl and Ethel. After a long struggle with Alzheimer's disease Earl enters a Nursing home. Together he and his wife Ethel have a home, one car, two pre-paid funeral plans, and $200,000 in non-IRA bank accounts.


Once our team at Reverence Planning put together a Medicaid eligibility plan, Ethel was able to keep the home, a car, both funeral trusts, and $100,000 of the $200,00 in their non-IRA bank accounts. Earl was able to keep the remaining $100,000 and avoid Medicaid "spend down" while still qualifying for Medicaid.


Had Ethel not done a Medicaid eligibility plan with Reverence Planning, she would have been required to spend down $100,000 of their assets on nursing home costs in order to qualify Earl for Medicaid.

Who We Are

Reverence Planning is a group of Professionals who act as the family's advocate as they go through this difficult time. Our purpose is to help your family understand its options and then access funding that will help pay for the care you need. Because of the complexity of the Medicaid rules, a Legal and Financial expert with Medicaid Specific experience are required to navigate the complexity of the Medicaid rules to maximize your family's assets. With our combined 50 years of experience, Reverence Planning is Northeast Ohio's Medicaid planning leader.



Christopher M. Slates, CMP™

Chris Slates is the Financial expert at Reverence Planning. Chris has over 15 years experience in the insurance, Medicaid, Financial, and Estate planning field.  Chris currently holds three Insurance and Financial licenses, and has been awarded the CMP™(Certified Medicaid Planner) designation.

Victoria E. Schafer, Elder Law Attorney

Attorney Victoria Schafer is our Legal expert at Reverence Planning with 35 years of Elder Law experience. Vicki has extensive Medicaid experience and has helped thousands of clients with issues such as estate planning, Medicaid planning, wills, and trusts. Vicki has been hosting an elder law radio show every Sunday on WNIR 100.1 FM for 17 years. Tune in at 6PM on Sunday's to hear us.


Free Consultation

Don't private pay for a nursing home until you talk to us first. Contact us using the form below for a FREE consultation to learn how our asset protection strategies can protect your family's assets. During our initial consultation we will be able to give you an estimate of how much of your family's assets we are able to protect.

Contact US

This site uses Google reCAPTCHA technology to fight spam. Your use of reCAPTCHA is subject to Google's Privacy Policy  and Terms of Service.

Thank you! Your message was sent successfully.


*Please include your name, phone number, and a short paragraph about your particular situation in your message so that we can better serve you. 


We will respond to your request in the order that It was received. Please allow 2-4 business days for a response as we are getting a significant amount of requests. Thanks for your understanding.

Contact Us​


Address

1790 Town Park Blvd

Suite B-1

Uniontown, OH 44685

Contact

Christopher M. Slates, CMP™

(330) 324-1163-PHONE

(330) 899-9337-FAX
[email protected]

Hours

Mon-Fri: 9:00am - 5:30pm
Sat: By Appointment
Sun: Closed

Social








THIS IS NOT INTENDED OR OFFERED AS LEGAL ADVICE. This information has been prepared for educational and information purposes only. This is not legal advice or legal opinions on any specific matters. Transmission of this information is not intended to create, and receipt does not constitute, any lawyer-client relationship between this site, the site's company, or any of sites affiliates, and you or any other recipient. Readers should not act, or fail to act, upon this information without seeking professional counsel. No person should act or fail to act on any legal matter based on the contents of this site. No document attached to or contained within this site should be assumed to be produced by an attorney licensed in your state.


*NOTE: Although we use the services of numerous attorneys, we are not a law firm and expressly do not provide legal advice or perform any activity which would constitute the unauthorized practice of law. All Medicaid eligibility and coordination assistance provided by Christopher M. Slates, CMP™ is provided nationwide pursuant to the authority provided under 42 C.F.R. Part 435.908 and any corresponding state rules.


Key Words: Asset Protection, Ohio, Akron, Canton, Medicaid Planning, Nursing Home Asset Protection.