Why do you need asset preservation and Medicaid planning?
Imagine that you or your spouse suddenly has a medical emergency. Your current insurance won’t cover the medical needs, but you can get the care you need with Medicaid. The only problem – you have to get rid of most of your assets in order to get the help.
This is a real situation that many families end up facing because they were not aware of how to plan ahead of time. Asset protection is a part of your estate plan that uses the legal and tax system for you instead of against you. At Anderson Elder Law, we believe these strategies should be accessible to everyone – not only those with very high wealth. You have worked hard to provide for you and your family.
Now let us help you make sure that you are able to keep as much of what you have built as possible.
While there are many lawyers who can do Medicaid planning and asset preservation, what makes Anderson Elder Law different is that we don’t just think about your assets – we think about you! What are your goals, hopes, and vision for the future? How can you give yourself the gift of the highest quality care in the least restrictive setting throughout your life? How can you protect and provide for those you love most?
At the end of the day it is not all about the numbers – using smart asset planning strategies is an end to a goal. That is why we are one of the top rated estate planning attorney firms in Pennsylvania!
Let’s talk. Schedule a call.
Schedule a free initial phone call with one of our service coordinators so we can determine how to best help you!
What About Special Circumstances?
There are a lot of ways we can help you maximize how many of your assets you are able to pass on to your children or other loved ones. We know you don’t want to pay more taxes than necessary, or have your life planning and long term care limited. Some of the options that we may discuss include:
- Different types of trusts including spousal lifetime access trusts
- Ways to give gifts with lower tax liability
- How to plan using your IRA and 401k
- Gun trusts
- Life care planning
We have experience with a wide variety of situations – probably we have heard it before!
How to Get Started with an Asset Protection Plan
If you are ready to start your estate and life planning, schedule an introductory call now. We will help explain the process and next steps. Once our team goes to work for you, you can feel confident that we will leave no stone unturned in protecting and preserving the life you have worked so hard to create.