One of the more common questions being asked of our attorneys today is: What can be done to protect a lifetime worth of earnings and savings? With the increasing costs of medical and long-term care facilities, this question is frequently at the front of a client’s mind.
Asset Protection has long been one of the signature areas of our firm. We take pride in developing plans that can give you peace of mind knowing your loved ones are protected. Whether you have a large or small estate, planning ahead is essential. This area of law is very complex and requires many considerations. We take the time to walk our clients through these complexities in an easy-to-understand manner.
This type of planning affords the clients protection of their assets, both from creditors and Medicaid (provided the requisite time has passed), and negates the need for any probate court intervention. Probate court can be a time consuming and expensive process, but with the right planning our clients can avoid most, if not all, of the probate process. This means significant savings in legal fees and ensures beneficiaries quicker access to assets.