What is Medicaid Planning?

Medicaid planning is the process of preparing to qualify for Medicaid coverage. This can involve some different strategies, all aimed at ensuring that you have the best possible chance of getting approved for the program. One common strategy is asset protection. This can involve transferring assets to a trust or another protected entity to keep them safe from being counted against your Medicaid eligibility. Another common strategy is income planning, which can involve making changes to your income in order to meet the program’s requirements. A good Medicaid plan will be tailored specifically to your needs and goals. It will take into account your financial situation, your health needs, and your family’s wishes. Working with an experienced elder law attorney is the best way to ensure that you have a comprehensive plan that meets all of your needs. Attorney Polly Tatum is an experienced Medicaid planning lawyer who can help you create a custom plan that meets your specific needs. She has helped many clients through the process and knows what it takes to get approved. Law Office of Polly Tatum 19 Cedar St Worcester, MA 01609 (774) 366-3688 https://www.LawOfficeOfPollyTatum.com