Last week we discussed how important it was to provide the attorney with information about your health and your health insurance coverage. This week we will explain why sharing comprehensive financial information allows an elder law attorney to advise you about long-term care options and…
Tag: Asset Protection
The Scariest Part of Aging: Outliving Your Money
According the to a recent study, 49% of Americans report that running out of money in retirement is one of their main concerns about growing older. [1] With the growing life expectancy and the increasing costs of long-term care, it is no wonder…
Asset Protection Planning: Early Planning Protects Your Money, Future, and Peace of Mind
“Well, it sounds like I should have done this years ago.” A new client’s response to the plan we presented at the end of her first meeting with our team. “Yes, most people should have started this planning way before they needed it.” The…
Expert Tips for Georgia Medicaid: Hide Your Assets in a Trust?
“Can’t I just put Mama’s assets in a trust and then apply for Medicaid?” We hear this question maybe weekly. Unfortunately for these families, qualifying for Medicaid is not that easy. Medicaid Asset Limits In Georgia, you cannot own more than $2,000 of countable assets…