Too Late To Create Medicaid Asset Trust For Father, But Other Asset Protection Possibilities May Exist

▤ Summary

Regrettably, it’s not appropriate for your father, because you indicate his admission to a nursing facility is imminent. There are however other strategies that may be available to protect some or all of your father’s assets and deal with excess income, potentially establishing his Medicaid eligibility. Please schedule a consultation with a certified elder law attorney, and do it without delay. The Karp Law Firm is located in Palm Beach and St. Lucie counties. It assists clients with wills, trusts, Medicaid and VA benefits planning, special needs planning, asset preservation, probate/ trust administration, estate litigation, and probate and elder law mediation.

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