Healthcare Planning for Your Future
You have spent a lifetime of work building a legacy to pass on to your family and heirs. Few people want to see that proud fortune be spent on hospital expenses through the final years of life. You did not strive all those years, decades of efforts, to see it squandered on healthcare and medication.
At the law office of Kenneth Kirk, Attorney we can help you protect and preserve your estate, while building a sound model for your future healthcare. With our Medicaid planning strategies we can employ trusts and other estate planning tools to help you meet your goals.
Medicaid Planning for Your Future Health and Wealth
Qualifications for Medicaid come down to two issues — Asset Qualification and Income Qualification. We have tools to address both of these issues, and help you protect your estate while putting yourself into position to be eligible for Medicaid benefits.
The most common tools used to reach this goal are trusts. For income qualifications we can help you explore the possibilities involved in a Miller Trust and other estate planning tools.
The far more common, and often more complex issue, is asset qualification. For this we can apply a range of strategies and tools to help you build a secure future, such as:
- Special Needs Trusts
- Asset Reorganization
- Asset Transfers
- Gifting
Medicaid planning is not intended as a way to circumvent laws, but to prevent the loss of home, property and key assets in the wake of a major healthcare event. Addressing your concerns before you are in immediate need of Medicaid is an important step, particularly with the relatively recent passage of the Deficit Reduction Act which will take a five-year look back at your asset protection strategies to determine qualifications.
But, if you are in immediate need of Medicaid planning, our attorneys will work with you to help you try and reach your goals.
Contact Our Office
Work with a credible lawyer with the experience to help you meet your Medicaid planning goals. Call our office at 907.279.1659 to schedule an appointment to discuss your case and your needs. Contact us today.
