Elder Law & Estate Planning Solutions of the Piedmont

Law office in Concord, NC specializing in all facets of the estate planning process.

Elder Law & Estate Planning Solutions

704-795-9455

Elder Law & Estate Planning Solutions

Elder Law & Estate Planning Solutions of the Piedmont
704-795-9455
Law office in Concord, NC specializing in all facets of the estate planning process.

Does Your Medicaid Planning Achieve These Three Goals?

Does Your Medicaid Planning Achieve These Three Goals?
Posted : Nov 24, 2017
Author : Elder Law & Estate Planning Solutions of the Piedmont
Tags : Medicaid Planning

Medicaid is a joint federal-state program that delivers medical assistance to low-income individuals who are deaf, blind, or over the age of 65. Often, Medicaid is used for the elderly to finance the extensive costs of receiving long-term care. However, in order for benefits to be acquired, there are strict minimum state and federal guidelines applicants must adhere to.

While there are many Medicaid planning strategies, there are several goals that may be important to achieve:

1.  Sheltering your assets

2.  Preserving assets in your estate for beneficiaries

3.  Providing for your spouse if you are married

With Medicaid planning, you may find it challenging to navigate through extensive regulations involving income caps, look-back periods, waiting periods, transfer penalties, and planning successfully for eligibility. If you believe that Medicaid planning is unnecessary because you are too young, remember that it is never too early or too late to get started.  

Furthermore, having an experienced attorney available to assist you with all facets of Medicaid planning may be the best solution as questions come up during the process. At Elder Law & Estate Planning Solutions of the Piedmont, we can assist you with the Medicaid planning process to ensure your application for benefits is effective.

Beginning the process as soon as possible will ensure that you have more options in the future, and will also prevent you from putting your financial situation at risk once you need long-term care. To start planning for your future, contact us at Elder Law & Estate Planning Solutions of the Piedmont today.

About Elder Law & Estate Planning Solutions of the Piedmont

If you live in Concord, NC& need help planning for the welfare of your children or elder loved ones, turn to us at The Law Office of Marjorie J. Brown, PC

Elder Law & Estate Planning Solutions of the Piedmont

Contact Elder Law & Estate Planning Solutions of the Piedmont

Format : 555-555-5555

Privacy Policy
Concord, NC, US
704-795-9455
845 Church Street North, Suite 106
Location Map
Staticmap?center=845+church+street+north%2c+concord&zoom=15&size=150x150&markers=845+church+street+north%2c+concord&sensor=false

Service Areas:

Concord; Harrisburg; Kannapolis; Midland; Mount Pleasant; Stanly County; Rowan County; Lake Norman; North Charlotte; and Salisbury, NC