Medicaid Planning
Protecting Your Assets and Securing Your Future
As individuals age, they may require long-term care and assistance with daily living activities. This care can be costly, and many individuals turn to Medicaid, a government-funded program, to help cover the costs. However, applying for Medicaid can be a complex process, and it’s important to have an experienced attorney to guide you through the process and help you protect your assets.
At The Preston Law Firm, our attorneys have extensive experience in Medicaid planning and are dedicated to providing our clients with the personalized attention and support they need. Contact us today to schedule a consultation and learn how we can help you with your Medicaid planning.
Common Medicaid Planning Strategies
Medicaid planning is the process of protecting your assets while still meeting the eligibility requirements for Medicaid. In Florida, Medicaid has strict asset limits, and individuals must spend down their assets to a certain level before they can qualify for benefits. Medicaid planning can help individuals preserve their assets for their loved ones while still meeting the eligibility requirements for Medicaid. Here are some of the Medicaid planning strategies that we commonly use: