Erie, Pennsylvania, Asset Planning Attorney
With proper planning, you can protect your assets for a lifetime and still qualify for Medicaid when you need it. It is important to get started right away, however, in order to have the most legal options to choose from.
I am Alan Natalie, an attorney with over 30 years of experience. I am dedicated to helping people safeguard their financial net worth from creditors and prepare them for potential long-term care needs through asset planning.
Asset planning involves creating trusts and employing other estate planning strategies to put a legal shield around your assets. One major goal of asset planning for many people is to allow them to qualify for Medicaid nursing home care without losing everything they have earned and saved over the years.
I provide skillful asset planning and protection to people in Erie and throughout Erie County. I am here to provide you with sound legal advice personalized to your specific needs. Contact me today at 814-616-3805 or email me to schedule a free consultation.
When Do You Need Planning For Your Estate And Assets?
Asset planning is beneficial for anyone with a legacy to leave, loved ones to care for, and preferences about medical care. However, it is especially crucial if you anticipate needing long-term nursing home care.
Medicaid requires you to spend down your assets before you can qualify for coverage, potentially leaving you and your spouse financially vulnerable. Asset planning can shield your assets from this spend-down, helping you maintain your financial stability and dignity.
What Is The Most Important Thing To Know When It Comes To Asset Planning?
Acting early is essential for asset planning to be effective. Medicaid has a five-year lookback period, which means any asset transfers made within five years before applying for Medicaid can impact your eligibility.
Planning ahead allows you to shield your assets from this lookback, providing you with greater control over your financial future. Understanding this aspect of asset planning is crucial in crafting a strategy that aligns with your long-term goals.
Why Should You Hire An Attorney To Protect Your Assets?
Asset planning is a sophisticated area of law that requires significant knowledge and skill. As an asset planning attorney, I am equipped to assess your current situation and future needs. Together, we will determine your goals and create a comprehensive plan to achieve them.
Navigating this complex legal landscape on your own can be challenging and risky. With professional guidance, you can rest assured that your assets are protected.
Get A Free Consultation With An Experienced Asset Planning Lawyer
With over 30 years of experience, I am ready to assist you with your asset planning needs. My goal is to help you secure your financial future and provide peace of mind for you and your loved ones.
Contact me for a free consultation to discuss your situation and explore effective asset planning strategies. Call 814-616-3805 or email me today to take proactive steps towards safeguarding your assets.