Our Family Caring for Your Family – Call 516-692-2744
Medicaid planning is best done in advance, but is an option that should be discussed with an experienced attorney regardless of the timing. You owe it to yourself and your family to find out if it is possible to save money and maximize your Medicaid benefits.
Located in Woodbury, with a satellite office in Dix Hills, the Stefans Law Group provides families with accurate information and sound advice, to help them make informed decisions. We represent individuals and families who have an elder care matter or Medicaid planning issue throughout the Long Island and New York City areas, including in Nassau County and Suffolk County.
With more than a decade of legal experience, 15 years of financial planning experience and 20 years of health care experience, our team will examine your situation from a variety of different perspectives and tailor a Medicaid plan designed to best accomplish your goals in the most cost effective manner.
Please visit our Benefits of Retaining Our Firm page for additional information about how we are uniquely qualified to assist you with your estate planning or elder law matter, especially if you require special needs care and planning.
Medicaid Planning and Special Needs Planning Attorney – Nassau County
The federal government and the state of New York fund New York Medicaid. Medicaid is a welfare program based on need. You must be semi-impoverished to qualify for Medicaid. Medicaid laws have changed to make Medicaid planning more difficult. Certain transfers can disqualify you from Medicaid for up to five years. However, there are also certain transfers that can take place without disqualifying you for Medicaid, some of which include transferring assets to a disabled child.
Of course, the best Medicaid planning should be done well before Medicaid is ever needed. The more time you have to plan, the more options that will likely be available to you. Every Medicaid plan is dependent on your particular facts and circumstances, including your assets and income, as well as marital status and family situation.
One of the best tools utilized for protecting your assets and income are irrevocable trusts. You should discuss the benefits and limitations of various options, including the use of certain irrevocable trusts, which would best suit your situation with an experienced Medicaid planning attorney.
Contact a Medicaid Planning Lawyer – Woodbury, NY
Get the information you need and the sound advice you seek to make important financial decisions about your Medicaid planning matter by scheduling a confidential consultation with a full service law firm that will tailor its representation to meet all your health care, estate planning and elder care needs. Call us 516-692-2744. If you prefer, you may fill out our online intake form and we will contact you to schedule an appointment. Let our family help your family.