Elder Law, Medicaid Planning & Asset Protection

Elder Law, Medicaid Planning & Asset Protection

  • Elder Law

    Elder Law is a specialized area of legal practice that focuses on issues affecting the aging population. It involves a wide range of legal matters such as estate planning, long-term care planning, special needs planning, guardianship, retirement, social security, Medicare and Medicaid. Elder law attorneys help families navigate these complex legal matters and ensure their rights and interests are protected as they age.

  • Medicaid Planning

    Medicaid Planning is the process of arranging one’s assets to qualify for Medicaid benefits. Elder law attorneys assist clients with the Medicaid planning process to ensure assets are preserved for themselves and loved ones. It involves strategic planning to meet strict eligibility criteria. Medicaid planning can involve spending down assets, transferring/gifting assets, creating trusts, or other strategies. An elder law attorney can safeguard your assets for future generation and plan for long-term care without depleting all of your assets.

  • Asset Protection

    Asset Protection is the adoption of strategies to safeguard one's wealth. Asset protection is a component of financial planning intended to protect one's assets for future generation. There are various legal plans that can protect assets from long-term care costs. The legal plan utilized depends on the client’s goals and objectives and specific situation.