Elder Law & Medicaid Planning
How will you and your family protect assets, understand the intricacies of Medicaid and Medicare laws, complete trust planning, if appropriate, and complete estate planning including advance directives? How will you and your family properly care for the aging loved one? We understand the intricacies of Medicaid and Medicare laws and will help you preserve the assets that you and/or your family have worked a lifetime to acquire.
Sayer, Regan & Thayer, LLP, has an experienced group of attorneys who help individuals and families facing the challenges that lie ahead.
With You Every Step of the Way
Needing long term care does not mean that all of your assets will be exhausted. There are several planning strategies available, even after one has entered a nursing home or has started to receive care. There are exceptions to the five-year lookback rule that can be applied in certain situations to preserve assets, even at the last minute.
Our firm will help you understand and navigate the hurdles involved in a variety of elder law concerns, including:
- Medicaid planning
- Crisis planning and management
- Asset preservation
- Estate planning and advance directives
- Trust planning to avoid probate or for Medicaid or tax planning
- Long term care planning
- Guardianships
- Saving the family vacation home for future generations
Elder Law Practice Group
Marcia J. Boyd
Melissa L. Green
Elder Law Insights
Important Differences Between Wills and Trusts
While a trusted estate planning attorney can help you understand the differences and help you create both, we’d like to go over the differences between these two important documents so you get a better understanding.
Is Your Business Divorce Proof?
In Rhode Island, as in most states, all assets created or acquired during the marriage are considered marital assets. That means that whatever business you own and the money you make from it is shared with your spouse.
Should You Transfer Ownership of Your Home to Your Children?
When people get older, they may start feeling pressure to protect the assets they have worked their whole life to obtain. One solution is to transfer assets to their children, to prevent the state from taking their money for long-term care or for taxes.
While there is some truth to this line of thinking, it’s not always wise to directly transfer assets to your kids.
Empower Yourself With Information
Call us at 401-849-3040 or email us to schedule a free initial consultation with one of our experienced attorneys. Home visits or visits in a hospital, nursing home, assisted living or other locations are available if needed.