When you are planning ahead for retirement, Medicaid, long-term care and other life-changing events, one consideration is how you preserve your assets for your loved ones. Asset protection cannot start after you need benefits, the sooner you start advance planning, the better. Since there are financial limits that impact your eligibility for certain benefits, the sooner you start considering how to protect your assets the better off you will be in the long run.
The most effective asset protection plans can also provide you with a strategy to minimize taxes, save your home as you age and plan ahead for your loved ones. At NoVA Senior Law, our goal will be to review all of your assets, your current and future income and help you put a comprehensive plan in place for those unexpected events that could impact you and your family.
NoVA Senior Law is proud to serve Northern Virginia, covering Leesburg, Winchester and Shenandoah Valley residents and help them design an asset protection plan that helps meet their needs. We will take the time to understand your long-term goals and customize a plan on your behalf. Call our offices today at 540-535-6706 whether you are considering advance planning or you or a loved one is in the midst of a medical crisis and you are unsure of your options.