Preserve Your Family Wealth With Medicaid Planning

Even if you are eligible, you shouldn't rush into applying for coverage. Here are five scenarios to consider in your planning.

At some point in our mid-sixties, our financial focus shifts from making more money to preserving the resources we have already accumulated.

For many people who feel they have more than enough to live on, planning focuses on how to best transfer wealth to our children. Yet, with federal estate taxes only being assessed on individuals with more than $5,480,000 in net worth, estate tax planning has become a non-issue for most aging American parents.

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Daniel A. Timins, Esq., CFP®
Owner, Law Offices of Daniel Timins

Daniel A. Timins is an estate planning and elder law attorney, as well as a Certified Financial Planner®. He specializes in Estate Planning, Surrogate’s Court proceedings, Real Estate Law, Commercial Law and Medicaid Planning. He is a graduate of Pace Law School.