As people grow older they face the realities of the high cost of elder care.
Nursing homes and other long-term care facilities are expensive.
It is understandable that many people turn to government programs such as Medicaid and Medicare to cover these costs.
However, when a couple is married, it is often the responsibility of a spouse to pay the expenses for their partner who resides in a long-term care facility.
Many spouses choose to take the legal option of Spousal Refusal, stating that they refuse to pay the costs of their spouse’s long term care needs, therefore causing the brunt of the financial burden to fall on Medicaid or Medicare.
If you are in this situation, before choosing spousal refusal as an option you should consult with an experienced attorney who specializes in elder law, to discuss the possibility that Medicaid or Medicare could seek reimbursement from you.
Even though you are legally responsible for paying the bills, if you sign a form with either Medicaid or Medicare stating that you refuse to pay, they will more than likely pay for the bills.
Your attorney can help ensure that you protect all of your assets and create a financial strategy that will best meet your and your spouse’s needs throughout your retirement years.