What To Know About Medicaid Planning
With the skyrocketing costs of health care and insurance coverage, establishing a Medicaid plan is one of the most important steps that you can take to protect your health, well-being and finances. Proper Medicaid planning allows you to take charge of your finances so that you are not impacted by the financial burden of expensive long-term health care. By planning ahead, you can spare your loved ones the frustration that is often associated with establishing long-term care to treat you when you become disabled or ill. You can also protect your assets so that you aren’t forced to spend them on health care in order to become eligible for Medicaid.
Navigating New York’s confusing Medicaid rules can be extremely frustrating. At Korsinsky & Klein LLP, in New York City, we help aging adults and their families plan ahead and secure the Medicaid coverage they so desperately need. We’re dedicated to protecting the assets of senior citizens and their loved ones as they grow old.
Secure Your Eligibility Without Draining Your Assets
We will help you with a Medicaid plan that will protect your assets and income while still allowing you to remain eligible for Medicaid. Our attorneys utilize smart techniques to ensure that you meet the Medicaid eligibility rules. We offer legal advice regarding various aspects of Medicaid planning and comprehensive estate planning.
Our goal is to ensure that you receive much needed benefits under Medicaid and that your assets and finances aren’t drained by the costs of long-term care or nursing home bills. We are here to direct you and your family through the process of Medicaid planning so that you are empowered to make educated decisions regarding your finances and future.
Our legal team will provide legal advice concerning your financial matters and create a Medicaid plan that is customized to your situation. Because we adhere to the highest standards of practice, we will draft a plan that considers asset protection, long-term care and tax-saving strategies so you are able to pass a legacy down to your loved ones.
It’s Never Too Soon To Start Preparing – Or Too Late
It is never too late or too early to start planning for your future. If you wish to learn more about how our skilled Elder Law legal team can be of assistance to your future planning, contact us online or call 212-257-0199 today. We offer high-quality legal guidance to clients in New York, including Manhattan, Brooklyn, Long Island and Westchester, as well as New Jersey.