Long Island Lawyers Protecting People Through Smart Medicaid Planning
The cost of long-term nursing home care continues to grow in America. For many Americans and their families, the greatest fear is being unable to meet the cost of quality health care — being forced to spend their life savings before qualifying for government benefits. Smart Medicaid planning can help prevent this from happening. The experienced elder law litigation attorneys at Black & Black can show you how.
Our Long Island law firm helps people plan for the future through Medicaid planning. We help our clients protect their homes and their property through smart legal decision-making. We counsel our clients to trfansfer those assets to a trust. Property in trusts is often protected; it will not disqualify a person from receiving Medicaid benefits.
It's Never Too Late to Plan
Congress has established a five-year period of ineligibility (a "look-back period") for Medicaid as a penalty for people who transfer assets into trusts. Because of this, our clients are often concerned that they will not receive any benefit from Medicaid planning. We tell our clients that it's never too late to plan. You'll receive the best benefits from Medicaid planning done early, but it's never too late to start making smart financial decisions that protect your assets.
Talk With Black & Black
When you need help with Medicaid planning, you can turn to Black & Black for answers. Contact our Long Island, New York, law firm by calling 631-462-5200. Our experienced lawyers have in-depth knowledge of a wide range of Medicare and estate planning needs.
