Family Asset Protection Planning (FAPP)

Family Asset Protection Planning (FAPP)

Family Asset Protection Planning is one of our areas of practice.  We work with families  to protect the family’s assets in the event a parent has to go into a nursing home.  Often, prior to going into a nursing facility, the parent will give away assets or do other things that will result in a penalty that prevents Medicaid from paying for their care.  Consequently, the children have to pay for the care until the penalty period is over.  This service is designed to advise families ahead of time what they need to do to insure that all decisions made in the months and years prior to a nursing home admission are consistent.

Family Asset Protection Planning has many benefits:

Family asset protection planning in a long-term care context

  • We provides a roadmap/strategy to achieve eligibility for Medicaid or VA benefits and minimize loss of assets to do so.
  • We offer general advice on Medicaid rules and what money can and cannot be used for under those rules.
  • We Give case specific recommendations on spend downs and best ways to maximize use of money other than for nursing home expenses.
  • We ensures that you are prepared if it becomes necessary to apply to a nursing home.

Estate planning through the use of wills, deeds, trusts and other techniques or methods of owning property

  • Ensures that client’s end of life wishes are honored in a way that is consistent with your asset protection goals.

Incapacity planning

  • Provides a specialized power of attorney to make the transition to incapacity smooth and to ensure that the person named has all necessary authority to set up trusts, engage caregivers, etc.
  • Ensures that you are prepared in the event you become unable to manage your own affairs.

Protection against estate recovery

  • The planning prevents unnecessary loss of assets to the government upon the death of a Medicaid recipient.

Guidance for quality of life

  • We provide access to the firm to get specific questions answered as aging and caregiver needs increase.
  • We provide access to the firm to ensure that any changes in status or actions taken are consistent with the overall plan.
  • We provide referrals to our network of healthcare providers (in-home care, assisted living, nursing homes) and assistance with deciding what level of care/what facility is best, etc.

Application for benefits

  • We file the Medicaid application for benefits.
  • We Manage all communication with government representative all the way through the eligibility determination.
  • This portion of the fee is not due until and unless the application for benefits is filed.

Firm will also advise the client on the application for VA benefits if available. THE FIRM DOES NOT CHARGE A FEE TO DO SO.

Download Your Free Guide Now and Learn How to Protect Your Loved One!

  • This field is for validation purposes and should be left unchanged.

Testimonials

“We started with a group of lawyers and helpers and ended with new friends! Everyone was so nice and friendly, even outside the office, and you always knew us by name. You were very professional, helpful with all questions and you put things on a human level.”

Wendell & Martha

“I am very satisfied and optimistic about what will happen to my children and my assets after my death. Mr. Miller explained everything to me and gave me information to help me make these decisions. You’re outstanding and I am completely satisfied with the results of my encounter with this firm.”

Geneva

“We expected a complete estate established that protects our assets and we received that protection. Your firm did an excellent job!”

Hayward & Naldia

“Bill and Mary were very much people persons. Your firm is competent as well as personable.”

Charles & Susie

“Working with you (Miller Estate and Elder Law) has been a pleasant experience.”

Chris & Dot

“I got a firm that was caring, understanding and knowledgeable. No one can beat Miller Estate and Elder Law Attorneys!!”

Lynn

Miller Estate and Elder Law

 256-472-1900
bill@millerestateandelderlaw.com

Anniston Office

818 Leighton Ave.
Anniston, AL 36207

Birmingham Office

100 Perimeter Park S Suite 100 N
Birmingham, AL

Disclaimer

A decision on legal services is important, and should not be based solely on advertisement.

No representation is made that the quality of the legal services to be performed is greater than the quality of the legal services performed by other lawyers.

Please be aware that sending an e-mail to Miller Estate and Elder Law, does not create an attorney-client relationship and that you therefore are not entitled to have us treat the information contained in such an e-mail as confidential. An attorney-client relationship is not created until we consider potential conflicts of interest, agree to represent you, and confirm our representation in a written engagement letter to you. If you are interested in establishing an attorney-client relationship, we invite you to call or visit with us.

Don't Go Broke Paying for Long Term Care

Download Your Free Copy Today and Get Peace of Mind!

Please watch your inbox for confirmation.