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How can Elder Law Group Protect Your Assets?

How can Elder Law Group Protect Your Assets?

At Elder Law Group PLLC, through the implementation of Medicaid Asset Preservation Strategies TM (MAPS TM) we help our clients protect assets, obtain Medicaid benefits, and create necessary Estate Planning documents. We provide Estate Planning to protect you and your assets from Long-Term Care costs.

What can an elder law attorney do for You?

Elder law attorneys advise their clients on the Medicaid law and what can and cannot be done legally within the law. Some people, however, believe it is wrong to do legal Medicaid planning.

Is it illegal to structure assets to qualify for Medicaid?

It is not illegal to structure one’s assets in an effort to qualify for Medicaid nursing home benefits. Elder law attorneys advise their clients on the Medicaid law and what can and cannot be done legally within the law. Some people, however, believe it is wrong to do legal Medicaid planning.

How to protect the elderly from financial exploitation?

Shred receipts, bank statements and unused credit card offers before throwing them away. Carefully choose a trustworthy person to act as your agent in all estate-planning matters. Lock up your checkbook, account statements and other sensitive information when others will be in your home.

At Elder Law Group PLLC, through the implementation of Medicaid Asset Preservation Strategies TM (MAPS TM) we help our clients protect assets, obtain Medicaid benefits, and create necessary Estate Planning documents. We provide Estate Planning to protect you and your assets from Long-Term Care costs.

Can a senior get help with an asset protection trust?

Alternatively, if that individual transferred the assets more than five years earlier, they could immediately qualify for aid. 6 

It is not illegal to structure one’s assets in an effort to qualify for Medicaid nursing home benefits. Elder law attorneys advise their clients on the Medicaid law and what can and cannot be done legally within the law. Some people, however, believe it is wrong to do legal Medicaid planning.

Elder law attorneys advise their clients on the Medicaid law and what can and cannot be done legally within the law. Some people, however, believe it is wrong to do legal Medicaid planning.

What can an elder law attorney do for my Grandma?

An elder law attorney suggested the purchase of a vehicle as a way to protect some of my grandma’s assets. While this would be excluded during the Medicaid spend-down, what can we do to prevent the car from being taken by estate recovery after she passes?

Where to find help with elder law issues?

Both the NAELA and NELF websites are excellent places to start your search. If you are experiencing legal issues associated with caregiving, long-term care, elder abuse or estate planning, you are not alone. You can also connect with other experienced caregivers to find answers, advice and support on the Caregiver Forum.

When to seek guardianship of an elderly person?

Seeking Guardianship of an Elder Legal troubles abound in cases where an aging loved one hasn’t named a power of attorney before becoming incompetent, or the person they chose has been accused of mishandling their affairs.