Estate planning allows you to keep savings and assets that you have accumulated during the course of your lifetime. This way you can retire comfortably and make sure your assets are transferred in the manner you wish. You also want to be protected in the event you or your spouse require long-term care.
Medicaid Planning and Asset Protection
If you or a member of your family becomes ill and must live in a nursing or rehabilitation facility, the cost for private payment can be prohibitive.
The law provides many programs that can assist you in protecting assets while qualifying for benefits to enable you to stay in a nursing or rehabilitation facility. The Law Offices of Martin I. Flax, P.C. will provide you with advice to assist you with this process.