Firm News & Updates
Latest Information
How an Irrevocable Trust is used in Medicaid Planning.
How an Irrevocable Trust is used in Medicaid Planning. One way to divest yourself of assets for Medicaid Planning is to gift or transfer assets to an Irrevocable Medicaid Trust. The five year penalty
Basic Information on Irrevocable Trusts.
An Irrevocable Trust is a trust that can’t be modified or terminated without the permission of the beneficiary. The grantor, having transferred assets into the trust, effectively removes all of his
Welcome to our site
Estate Planning America, Inc. focuses exclusively on estate planning and elder law. Our attorneys and paralegals work to provide asset protection and tax savings for baby boomers and senior citizens. The attorneys at Estate Planning America, Inc., have tremendous experience in helping individuals and families protect their assets and life savings in the event of a catastrophic illness. Our practice includes Retirement Planning, Estate planning, Trusts, Medicaid, and preserving life savings from the costs of long term care. We are dedicatd to providing our clients with quality and effective estate planning resources so you can become familiar with all possible options. We are dedicated to assist you with all your estate planning needs. Please feel free to contact our firm today.
Welcome to our site
Medicaid Asset Protection Strategies.
There are various Medicaid planning strategies, however one very useful Medicaid planning technique involves the creation of an irrevocable Medicaid Asset Protection Trust. With this type of trust one person or a married couple (called the settlor, or grantor) transfers some type of property to another person (called the trustee) to hold and manage for the benefit of one or more individuals (called the beneficiaries).
Elder Law & Estate Planning.
Through the use of Living Trusts, Wills (simple & complex), Powers of Attorney, Living Wills, Irrevocable Trusts, Family Limited Partnerships, and Charitable Gifting Strategies, our firm helps families preserve their wealth for future generations, minimize estate taxes, and avoid the expense and nightmare of probate.
We provide comprehensive, tailored estate planning services to meet all of our clients’ needs.



facebook
linkedin
facebook
facebook