What is elder law? Elder law is a growing field of law that deals with the issues faced by the fastest growing segment of the U.S. population, seniors. With the goal of Asset Protection and aging in place, this area of law combines parts of Long Term Care Planning, Medicaid Planning, Estate Planning, and Veterans' Benefits, where applicable.
With proper planning (getting your "ducks in a row"), you can protect your hard-earned money from the devastating cost of a nursing home, perhaps even allowing yourself to stay in your home rather than move into a nursing home. You can do all this without selling your home, without wiping out your life savings, without leaving your spouse penniless, and still leave an inheritance for your children.
With proper planning (getting your "ducks in a row"), you can protect your hard-earned money from the devastating cost of a nursing home, perhaps even allowing yourself to stay in your home rather than move into a nursing home. You can do all this without selling your home, without wiping out your life savings, without leaving your spouse penniless, and still leave an inheritance for your children.
Services
About
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Michael's estate and elder care planning law firm is focused on helping clients through the complex and confusing maze of balancing the desire to live independently as long as possible while preserving the family assets from the costs of probate and long term care.
Upon receiving a Mechanical Engineering degree, Michael went to law school where he graduated Magna Cum Laude and became a member of the Order of the Coif which is an honor society for law school graduates who graduate in the top 10% of their class.He then worked as a staff attorney for a United States Federal Judge.
Upon receiving a Mechanical Engineering degree, Michael went to law school where he graduated Magna Cum Laude and became a member of the Order of the Coif which is an honor society for law school graduates who graduate in the top 10% of their class.He then worked as a staff attorney for a United States Federal Judge.
Areas of Practice
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There is a complex web of federal law surrounding Medicaid benefits; we can help you navigate it successfully in order to ensure you and your spouse receive needed long-term medical care. You do not want to be denied benefits because you tried to do it yourself and learned mistakes were made (including up to five (5) years in the past) that causes a penalty period.
Estate Planning
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I often hear people say they don't need an "estate plan" because they only own a house and some retirement assets and cds. On the flip side, I have people tell me they already have their estate planned because they have a Will. If you are wondering who is right, you have come to the right place! Let's start by providing my definition of an estate plan.
Asset Protection Planning
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Long-term care is expensive. When someone in your family lives in an assisted living facility, the cost will likely exceed $3,000 a month or more. If your loved one needs the services of a nursing home facility, the cost of their residential care will likely be $5,000 a month or more. In looking to the future and trying to create a plan, each question seems to lead to another question.
Medicaid Planning
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As life expectancies and the costs of long term care continue to rise, many families are faced with the challenge of how to pay the costs of nursing home care. With the cost of nursing home care in our area ranging from $5,000 to $8,000 per month ($60,000 to $96,000 per year), even those persons who can afford to pay for a period of time will often find their entire life savings drained in months or a few short years.
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