Why Long-Term Care Planning Is Crucial in Goddard

Long-Term Care Planning in Goddard, KS

With nursing home costs in Kansas often exceeding $70,000 per year, families in Goddard need proactive strategies to protect their assets. At Advanced Legal Planning, we use trust-based long-term care planning to secure your family’s financial future, preserve eligibility for Medicaid (KanCare), and reduce stress during difficult times.

How We Help Goddard Families

Our long-term care planning services include:

Medicaid Eligibility Planning – Protect assets while qualifying for KanCare.
Trust Creation – Manage assets, avoid probate, and protect inheritances.
Spousal Protection – Ensure a healthy spouse at home is financially secure.
Crisis Planning – Help families even if long-term care is already needed.

Learn more on our Elder Law & Medicaid Planning page.

The Role of Trusts in Long-Term Care Planning

A revocable living trust or Medicaid asset protection trust can:

Safeguard property and savings.
Provide continuity during incapacity.
Create sub-trusts for children, with protection against divorce or creditors.
Reduce or eliminate the need for guardianship proceedings.

Explore more on our Trusts page.

Avoiding Common Mistakes

Too often, families rely on beneficiary designations or transfers that can backfire. Mistakes include:

Gifting assets directly to children (risking taxes, lawsuits, or divorce).
Waiting until it’s too late for Medicaid planning.
Using custodial accounts instead of trusts.

See our Estate Planning Overview.

Legal Tools for Long-Term Care Protection

Financial Power of Attorney – Ensures bills and accounts are managed if you’re incapacitated.
Healthcare Power of Attorney – Avoids the need for court guardianship in medical situations.
Special Needs Trusts – Provides for disabled loved ones without disqualifying them from benefits.