Marketwatch’s article expertly explains just how important Medicaid planning can be.
When you hear the term “Medicaid,” it is often associated with low-income families. However, this does not have to be the case. Although there is an income cap to be considered eligible for Medicaid, with proper estate planning, this can be mitigated.
One way to ensure your eligibility for Medicaid is to open a Medicaid trust in advance. This is an irrevocable trust, which is a specific kind that will not serve to disqualify you.
Danna & Associates, PC has specialized in Elder Care and Estate Planning for over 20 years. This means we can offer you not only expertise, but extensive experience and unique individual planning. Call 718.273.0300 for your free consultation today!
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