Elder Law, Medicaid Planning and Asset Protection Planning

Are you concerned that your cost of living may increase as you age due to increased health care costs?

Do you wonder what will happen to your assets if you require nursing home care?

Are you concerned that your spouse may become impoverished if you have a chronic illness?

Are you prepared if you become incapacitated or have a medical emergency?

Do you want to make sure you can leave an inheritance to your family members?

Do you have heirs who are disabled?  Are you aware of the planning techniques available so a disabled beneficiary can receive an inheritance?

If you have wondered about any of these issues, or if any of them apply to you or a loved one, we can help.

We are experienced in handling these concerns.  We can advise you about the Medicaid eligibility rules, how they apply to you and determine what assets you have at risk.  With this information we can help you develop and implement a comprehensive plan to protect your assets and your loved ones.

Your personal plan may include transfers of real estate, setting up a trust, developing a gifting plan or changing beneficiary designations.

We can also help you plan for beneficiaries with disabilities or special needs by establishing a supplemental needs trust or spendthrift trust which protects your beneficiary from loss of benefits or creditor claims.

We work with your existing team of advisors which may include your financial planner, accountant, and insurance agent to develop the best plan for your needs.

While advance planning is important, we can also assist you in a guardianship proceeding in the event that your loved one no longer has the capacity to sign a power of attorney to appoint an agent.

Call our office today to make an appointment with one of our attorneys to discuss your particular concerns.  We are here to help you.