Peter J. Batalla Services Wills Trust & State Planning
Protecting Your Future and Your Hard-Earned Assets
Medicaid Planning. Medicaid planning uses key legal strategies to provide for long term care for the disabled and seniors, while protecting family assets. If a person can qualify, Medicaid may pay for a Nursing home or “at home” care without the need to spend down their assets or sell their home. However, the rules of eligibility for Medicaid are strict and complex.
Peter J. Batalla, Jr., Esq., is an experienced New York State Medicaid planning attorney with the legal knowledge and expertise in asset protection planning. A properly drafted and executed Medicaid Plan can protect your family assets when the need for long term care becomes necessary. Although there are emergency strategies available to protect assets when no prior planning is done, the earlier you start, the more assets you can protect for you, your spouse and family.
The main goal of Estate Planning is to ensure that your wishes are carried out while protecting your assets.
One of the most important ways you protect your assets is by minimizing the amount of taxes the government collects from your estate upon your death. Proper estate planning can minimize those taxes which can then passed on tax-free to your family and loved ones.
Some of the most common documents used in estate planning include:
- Wills
- Irrevocable Trust
- Powers of Attorney
- Living Wills
- Health Proxy
- HIPPA Forms
When properly drafted, these documents protect your life savings and ensure your wishes are carried out.
Medicaid planning also uses these documents to transfer documents to transfer assets out of a person’s name whose is applying for Medicaid benefits. Read more under Medicaid Planning section.If you need estate planning or assistance with administering the estate of a deceased loved one call the Law Offices of Peter Batalla, at (718)585-2233.
Call us to discuss your case immediately (718) 585-2233.
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Contact us at (718) 585-2233
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