Medicaid, a government program that pays for long term care for the elderly, is controlled, funded and administered jointly by the federal government and the states. It is designed to ensure that medical treatment is available to individuals whose income and resources are otherwise inadequate to provide for such care.
Medicaid planning is an important aspect of estate preservation. There are several methods which can be employed to minimize the effects of Medicaid enrollment on your assets such as medicaid trusts, annuities, transferring assets to a spouse and others.
We offer Medicaid planning that considers all aspects of your financial situation and all options available to you. Please call or email us to schedule an appointment.