Proactive Legal Strategies for Cognitive Decline
Legal tools like power of attorney and healthcare directives are essential in forming a proactive legal strategy for cognitive decline.
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Downs Law Firm, P.C.
Home • Medicaid Asset Protection Trust
Legal tools like power of attorney and healthcare directives are essential in forming a proactive legal strategy for cognitive decline.
Explore the pros and cons of using irrevocable trusts for Medicaid planning—secure assets while navigating complex eligibility rules.
Learn how to protect assets and become eligible for Medicaid with practical strategies, while avoiding questionable methods.
Medicaid Asset Protection Trusts (MAPTs) are a strategic way to qualify for Medicaid benefits and to preserve your assets. This blog explores how MAPTs work and their benefits.
I have been diagnosed with brain damage and dementia. Word to the younger folks: I woke up last year and suddenly could not spell or write legibly. No warning. No symptoms.
Data from sources like the U.S. Census Bureau shows in no uncertain terms that the U.S. population has grown older over the prior two decades.
The idea of Medicaid Asset Protection Trust for the purposes of protecting against long-term care costs is becoming both more sought-after and more necessary.
Generally speaking, if you make under 100-200% of the federal poverty level and are elderly, you will likely qualify for your state’s Medicaid program.
When you meet with an elder law estate planning lawyer, honesty is the best policy, even though it may be difficult to disclose the personal information requested.