Medicaid Asset Protection Plans

Our Medicaid plans are designed to alleviate the fear of running out of money as you age

If your goal is to qualify for Medicaid Benefits, we prepare all the necessary documents you need to qualify for Medicaid Benefits.

Using our advanced Medicaid software, we calculate the amount of assets that can be protected and transfer the assets into a Medicaid Trust. We go one step further by applying for benefits on your behalf. We go one step further by not only preparing your application but also submitting it and advocating on your behalf throughout the entire process.

Our team works diligently to ensure your application is complete, accurate, and optimized for success, so you and your family can have peace of mind and financial security.

Medicaid Asset Protection Plan Gold Package

Goal: Protect Home and Investment Accounts from Medicaid Lie and create an Asset Protection Trust for your Beneficiaries

Who is this plan Designed to help?

Families who have a fear of running out of money due to the high cost of long-term care as they age
Families who wish to plan for Medicaid Benefits in advance of a Crisis
Families with the Goal of Protecting Assets for your beneficiaries
Families with the goal of transferring the residence under the child caretaker exemption
Families with the goal of protecting the residence from the Medicaid lien
Families with the goal of preserving the Senior Property Tax Exemption
Families with the goal of Optimizing the Tax Basis Step Up on the Residence
Families with the goal of Minimizing Trust Administration and probate costs

What are the Pain Points this Plan is Designed to Address?

Plan designed to minimize the risk that a family will run out of money as they age
Plan designed to maximize the assets that the family can keep, while qualifying for Medicaid benefits.
Plan designed to protect the Residence and protect family Investment holdings
Plan designed for Tax Reduction

Preserve Senior Property Tax Exemption
Optimizing the Tax Basis Step Up

Plan designed for Simplification of Administration of Plan
Plan designed to minimize trust administration and probate costs.
Plan designed to keep your affairs private.
Plan designed to allow your family to retain control of the management and investment of assets.
Plan designed to include instructions in Will, Power of Attorney and Health Care Directive that are in Sync with Trust.
Plan designed to allow you to change your mind regarding your managers, trustees, and beneficiaries.
Plan designed to include meetings with Financial Advisors with the goal of opening accounts for the trusts, updating account beneficiary designations and preserving your assets according to your goals.
Plan designed to include meeting with family members to discuss how your plan will meet your goals.

What Is The Expected Outcome Based On Our Expertise?

The kind of results that we achieve do not happen by accident. It happens through experience, attention to detail, and a tailored approach to each family. Washington Elder Law has developed a system for your family that makes it as easy as possible to get through the process. Our process includes the following:

The creation of a plan designed to protect your Assets.
The creation of a plan designed to maximize the assets that the family can keep, while qualifying for Medicaid benefits.
The creation of a plan designed to protect the Residence and protect family Investment holdings
The creation of a plan designed to preserve the Senior Property Tax Exemption
The creation of a plan designed to optimize Tax Basis Step up to reduce capital gains tax.
Meetings with your Financial Advisors with the goal of opening accounts for the trusts, updating account beneficiary designations and preserving your assets according to your goals.
Meetings with your Certified Public Accountant or Tax Advisor to review your plan.
Meetings with family members to discuss how your plan can be administered as simply as possible in a way that meets your goals and the goals of the next generation.