• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
Davidov Law Group

Davidov Law Group

Schedule a Free Consultation

(516) 253-1366
  • Home
  • About Us
    • Attorneys
      • Michael Davidov Esq.
      • Ilana F. Davidov, Esq.
      • Audrey Bernhardt, Esq
  • Services
    • Asset Protection
    • Charitable Trusts
    • Estate Planning
    • Estate Administration
    • Financial Planning
    • Health Care Proxy
    • Living Trusts
    • Medicaid Planning
    • Probate
    • Power of Attorney
    • Special Needs Trusts
    • Trust Administration
    • Trusts
    • Wills
  • Latest News
    • Videos
  • Reviews
  • Careers
  • Scholarship
  • Contact Us
Call Us Now
Email Us Now

Putting a plan in place to

Protect your family's future!

Long Island Medicaid Planning Lawyers Preparing Clients for Financial Success

Also Serving: New York City

Medicaid benefits can be significant during the elder years, especially with rising healthcare costs, the price of moving to assisted living facilities, and expenses for in-home care. Medicaid can provide assistance for yourself or your loved ones, but if your assets are not properly structured, you could miss out on many of the benefits that Medicaid offers.

Some actions you can take today include creating an irrevocable trust, gifting assets to family members, and purchasing annuities. These and various other solutions can make your assets inaccessible to government programs, meaning they will not affect your Medicaid eligibility.

If you want to start preparing today to protect your estate during the Medicaid application process, please reach out to our experienced Medicaid lawyers.

Medicaid planning attorneys, like those at Davidov Law Group, can help you structure your assets so you have a better change of qualifying for the Medicaid benefits you deserve.  Thereby allowing you to use your funds to provide for the long-term care you need. You can reach us at (516) 253-1366.

What Does a Medicaid Lawyer Do?

A Medicaid planning lawyer serves many functions for someone preparing to receive benefits from this needs-based government program. They will analyze your situation to find the best solution for you and your family.

This can include helping you decide what actions to take to protect your assets. They may help you transfer assets to your children or grandchildren, create a Medicaid asset protection trust, and more.

Additionally, Medicaid lawyers and elder law attorneys help with your Medicaid application. They can help fill out paperwork to apply for various benefits, including home care Medicaid, chronic illness Medicaid, nursing home Medicaid, and any other services you may need.

Our lawyers are happy to meet with you and see how we can help, so give us a call to set up an appointment today!

Why Should I Plan for Medicaid?

Costs for elderly people in the United States are rising rapidly. Expenses can include living at an assisted living facility, medical treatment costs, ongoing care bills, and nursing home services. If you or a loved one is a senior citizen hoping to qualify as a Medicaid recipient, you should consider making plans now to prepare for the future.

Medicaid planning is legal in all 50 states and can be valuable in preparing for the future. Without Medicaid payments, adult children whose parents need long-term services may find themselves in a desperate financial situation, especially if both parents need nursing home care.

With Medicaid planning, you and your loved ones can be sure you have the funds necessary to provide the medical assistance you need. Contact our talented legal team right away to get started.

How Can I Protect My Assets?

There are several options to protect your assets when it comes to ensuring you get the most out of your Medicaid. This is incredibly important considering the financial burden that nursing homes and home care services may place on your loved ones.

If you are a family member of someone applying for Medicaid, you should encourage your loved one to reach out and get help in planning for the future.

Some actions you can take to protect your assets and maximize your Medicaid benefits are:

  • Gifting assets to your spouse or another family member
  • Creating an irrevocable trust to keep assets from counting against Medicaid benefits
  • Purchasing annuities that meet the proper requirements to avoid having them affect Medicaid coverage
  • Prepaying funeral expenses
  • Paying off debts such as your mortgage or automobile loans

Should You Hire Our Medicaid Planning Attorneys?

Many people understand that a will and trusts are essential to estate planning. However, they underestimate the importance of preparing their assets for the Medicaid planning process. Medical bills and long-term care costs can be financially devastating for families who are not prepared.

Taking the simple step of restructuring your assets today can save your family members thousands of dollars and a great deal of stress in the future.

If you want to learn more or are ready to get started, please reach out to our experienced Medicaid planning attorneys today. We have helped many clients achieve Medicaid eligibility, and we are ready to assist you in any way with this complicated process.

Our experienced elder law attorney can also offer legal counsel on other estate planning needs, such as wills and trusts. Call Davidov Law Group today for an appointment at (516) 253-1366!

Primary Sidebar

Free In Depth

No Obligation Case Consultation

    Latest News
    Does Your Estate Plan Protect You if You Become Disabled?

    September 8, 2010

    Incapacity or disability planning is an important part of your estate plan. It is vital to the … Read More about Does Your Estate Plan Protect You if You Become Disabled?

    What Are Estate Taxes?

    September 10, 2010

    An estate tax is imposed by the federal or state government and can be as much as 46% of the value … Read More about What Are Estate Taxes?

    Read More
    Testimonials

    The law firm is very knowledgeable on elder care laws. Was able to protect my parents assets, while at the same time get my mother home care. They assisted all through the process with professionalism and were very kind and sincere. Highly recommend for any type of elder care planning and estate planning.

    –Joyce R.
     

    The Entire Staff is to be Commended
    It is gratifying that this busy legal and financial firm is committed to not only providing excellent professional advice and service but continuous contact to ensure the relationship stays up to date on changes and new laws. The entire staff is to be commended.

    –Pauline G.
     

    Treat Their Clients Like Family
    Michael is always quick to respond to any questions or issues via phone or e mail. He and Ilana treat their clients like family. I have total confidence in their handling of my family’s affairs.

    –M.M.
     

    Wonderful!
    Davidov Law Group if i could give you more stars. I would ! Michael, Audrey, Shari , and Esther all have been so helpful from the moment we called at the hardest time of our lives! they are wonderful and so helpful and caring! i highly recommend them ! thank you for all your help!

    –Jean A.
     

    Estate Planning – Made Easy
    We came in with little to no knowledge of Estate Planning. Every member of the team worked with us to meet our needs. They are truly concerned with our welfare. We highly recommend the Davidov Law Group to meet all your needs in Estate Planning & so much more.

    –Nick M.
     

    Professional and Kind
    I found the Davidov Law Group extremely responsive to our needs, very easy to speak with, professional and kind during a difficult time in our lives. They were a great help, well informed and efficient in handling our estate needs.

    –Ronald S.
     

    Two of the Best
    Michael and Ilana Davidov are two of the best estate planning attorneys that I know. Their commitment to their clients extends to every level. I know personally that they treat their clients with care and understanding.

    –M.B.
     

    We Could Not Be More Satisfied
    We were served with the utmost professionalism, courtesy and friendliness. Other than all we experienced, we could not be more satisfied. Thank You!

    –A. M.
     

    Thank You
    Thank you for your recent visit and most importantly, the dignity that you afford my parents.

    –Linda P.
     

    I Feel Very Blessed to Have You as my Attorney
    It was my lucky day to see your ad two years ago in the AM New York! I feel very blessed to have you as my attorney.

    –I.S.
     
    Read More

    Footer

    The information on this website is for general information purposes only. Nothing on this site should be taken as legal advice.

    Our Location
    1981 Marcus Avenue, Suite 231
    New Hyde Park, NY 11042
    Contact

    OurTeam@davidovlaw.com

    (516) 253-1366

    Get Directions

    © 2023 Davidov Law Group

    Privacy Policy | Disclaimer

    © 2023 Davidov Law Group | Privacy Policy