Asset Protection and Planning
If an elderly or infirm parent or spouse requires nursing home care, that can raise numerous issues related to retaining eligibility for Medicaid assistance for long-term nursing care. Without careful, experienced help in planning and protecting those assets, you may find your parent disqualified for assistance unless you divest yourself of much of your hard-won assets.
With proper advance planning, you can obtain the help your family needs; without it, you may wind up making a bad situation worse. The King Firm PA has the experience and skills to help you deal with this stressful situation.
By carefully examining the assets involved and how they are held, as well as the source and amount of income received, the King Firm can help you develop a plan that allows you to retain your assets without jeopardizing eligibility under programs providing needed assistance. We can help you consider your options, including annual gifts, trusts, guardianship, and other techniques that provide you with maximum protection.
Call for a free consultation, and learn how we can help you. Early planning can help prevent a crisis, but even if you now find yourself in one you haven’t prepared for, the skilled central Florida lawyers at the King Firm can help you through it.