What is Medicaid Planning and Why is it Necessary?

The rules governing Medicaid eligibility are complex and strict, particularly the look-back period for asset transfers. If you or a loved one needs long-term care (nursing home or home care), unmanaged assets can quickly disqualify you or be depleted entirely.

Medicaid planning is the legal process of restructuring your assets before you need care to ensure you qualify for benefits while lawfully protecting your home, savings, and retirement accounts for your family.

Our Medicaid Planning Services Include:

• Creating irrevocable trusts to shield assets from the Medicaid five-year look-back period.

• Utilizing legal maneuvers to protect the resources of the healthy spouse (Community Spouse).

• Advising on legal and timing-based gifting to minimize penalties.

• Aggressive, accelerated planning for clients who need care immediately.