Tag Archives: "Medicaid Planning"

Medicaid planning
Providing Financial Security for Your Spouse and Children With Medicaid Planning
Long term care has now become one of the most common issues for Americans  in retirement. Almost each of us is aware of someone who is presently at a medical care facility or nursing home, yet this is something, which we would personally never want to go through. According to recent studies, approximately 50% of Americans over age 65 will need a nursing home or assisted living facility, at some point in their lives. Long term care costs can...

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Setting the Facts Straight: Things to Know About Medicaid
Medicaid was started in 1965 to provide health-related services to US residents with low income. The healthcare program is designed to assist people of every age and covers short term as well as long term stay in various healthcare facilities. Medicaid planning lawyer is a necessity for people with limited resources and costly needs for care. 1 In 5 Low-Income US Residents Need Medicaid Medicaid was started in 1965 to provide health-related services to US residents with low income. The...

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How can an Elder Law Attorney assist in Medicaid Planning?
We work our entire life to experience life and at the same time save for our retirement and beyond. What happens when we realize we may outlive those assets?  It is time to plan for housing and care in the context of Medicaid Law.  I work alongside a Life Care Planning agency to plan for best care and lifestyle and help you understand how to use your assets wisely and how to apply for available benefits without becoming impoverished. Who...

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Irrevocable Trust in Medicaid Planning
The Importance of Using an Irrevocable Trust in Medicaid Planning
People often wonder about the importance of utilizing an Irrevocable Trust in Medicaid Planning. Undoubtedly, the gifting of assets can be done outright. So, why confuse things with a trust? The answer is that the gift transaction costs are only a portion of what needs to be considered. Many significant advantages that can result from gifting in trust are forfeited by the outright gifting. These advantages show the importance in utilizing Irrevocable Trusts in Medicaid and asset protection planning. The...

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Preserve Your Wealth with Estate Planning Services
Estate planning is one of the most important legal services and is a fundamental tool that ensures your entire family will be well taken care of after your passing. People assume that estate planning is meant only for the wealthy.  In reality, it is the concern of everyone. We all want our finances to remain in order and proper care given to our loved ones.  Together, you and I can develop a valuable estate plan to assure your goals are...

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