Irrevocable Trust

Florida Medicaid: Why apply for Medicaid?

A common misconception is that Medicaid is a program for the poor. This is just not true when it comes to long-term care needs (i.e. nursing home, assisted living and home care). The Medicaid Institutional Care program is a Medicaid program that assists a person in paying for their long-term care needs. The Medicaid Institutional Care program is a program every Florida resident is entitled to once they qualify. Each and every one of us have paid into the Medicaid system during our lifetimes, so why not receive the benefits you are entitled to when you encounter long-term care costs that could deplete your entire life’s savings in a short time.

Trusted Law Office has over 20 years’ experience in qualifying and obtaining Medicaid Institutional Care benefits for our clients. We welcome you to contact us at (561) 998-6039 to schedule a free consultation with us to discuss your specific planning needs and how we can help you qualify for this wonderful program that will assist you in paying for your long-term care costs.

Inhertiance of Special Needs Child

How can you plan for the inheritance of a disabled child in order to preserve their ability to receive government benefits?

Do you have a disabled child who will be inheriting from your estate? Does this disabled child receive government benefits? Many families are not aware that once a disabled child (minor or adult), who is receiving government benefits, receives an inheritance all of their government benefits will be stopped until the inheritance is spent down. Additionally, many families are not aware that with proper planning through a Third-Party Special Needs Trust the loss of government benefits can be avoided, and the disabled child can utilize their inheritance to provide for their health, maintenance, education, and support.

Trusted Law Office welcomes you to contact us at (561) 998-6039 to schedule a free consultation with us to discuss your specific planning needs.

How to Avoid Probate

How can you avoid probate?

The easiest and most commonly used strategy to avoid probate is a irrevocable trust. A Revocable Trust is a document in which your assets are titled, and in which you appoint another person to manage the assets upon your incapacity or death.

Since another person is appointed to manage the assets your estate will avoid probate altogether. This means it will take less time for your heirs to receive their inheritance from your estate. We ask you, what could be better than saving money by avoiding paying to probate your estate and allowing your heirs to receive their inheritance faster.