Medicaid Planning
In working with retiree's and elderly clients, we have assisted many clients when it comes to Medicaid planning. We work with leading attorneys in the industry for the Medicaid strategy that benefits each individual client. There are many strategies available. There is also a great deal of mis-information on this subject. Going through this stage of life can not only be emotionally difficult, but can also be financially draining. Feel free to call us for a consultation on strategies that can be utilized to protect your loved one's assets.
Medicaid Planning Basics
Unfortunately, many nursing home residents end up exhausting their assets on long-term care. But it doesn’t have to be that way. The best time to plan for the possibility of nursing home care is when you’re still healthy. By doing so, you may be able to pay fr your long-term care and protect assets for your loved ones. How? Through Medicaid planning. You worked hard all of your life to pay off your mortgage and build a retirement fund. You expected to live off your savings in the comfort of your own home, and you planned to leave something to your kids at the appropriate time. Suddenly, the unthinkable happens—you suffer a stroke at age 70 and must spend the rest of your years in a nursing home. What will happen to your life savings? We have helped many clients preserve their assets based on their goals and objectives.