Elder Law and Estate Planning

Article submitted by Jeffrey L. Knapp of The Knapp Law Firm.
For more information, he can be reached at 908-696-0011 or 888-562-7752, or by e-mail: knapplaw@eclipse.net.

Have you heard the four big lies about Medicaid eligibility?

First...if you need a nursing home, Medicaid will take your house. Not true.

Second...you have to give your assets away to protect them. Not true.

Third...if you transfer assets, you must wait 36 months to quality. Not true.

Fourth...if you're already in a nursing home, it's too late to protect your assets. Not true.

How can you cut through the lies, half-truths and general confusion about elder law and Medicaid planning? Attend a no-cost, no-obligation, Truth About Medicaid Planning Workshop™.

What are the two biggest mistakes people make in estate planning?

First...focusing on the question "How much do you charge for a Will?" That's the tip of the iceberg, and your Will may not control your six largest assets.

Second...signing a Will without giving any thought to what happens beyond that. Who will make sure the planning doesn't go stale? Do your successors know what to do? How will your estate be charged? How can you get the answers to these interesting questions?

Attend a no-cost, no- obligation, Truth About Estate Planning Workshop™. Both Workshops are free to the general public, and offer three hours of Continuing Education credits to financial professionals.