Elder Law/Medicaid Planning
Can I protect my assets and still receive quality care? MMKO provides guidance, planning and advocacy to families to pursue that goal. We have the experience to counsel our clients on legal issues, as well as open lines of communication within the family to implement the appropriate legal strategy.
Elder Law Survival Kit
The "survival kit" of a Will, Power of Attorney and Health Care Proxy should be in place for every person over the age of eighteen years. Additionally, it is important to have your financial records organized.
There are many approaches to asset protection.
- Outright gifts to family members or others.
- Transfers of homes with retained life estates.
- Transfers in trust including house trusts.
- Exempt transfers.
- Purchase of life estates.
- Medicaid application.
- Spousal refusal.
- Fair hearings