Asset Protection Lawyer
Rockland County & New York State
Albert J. Kaiser is a Rockland County-based lawyer who is skilled in the protection of your assets even if you have not planned for long-term care. In order to be eligible for Medicaid benefits, a nursing home resident may not have more than $14,850 (2015) in assets. If you are in need of long-term care and you have not planned properly, you may think that you will have to exhaust all of your life’s savings in order to get the care you need. RELAX – you’ve come to the right place. There are things that Al can do to help you as an attorney… he knows how to protect your assets
Techniques skilled lawyers use to protect your assets once you become ill and require long-term care – Albert J. Kaiser focuses his practice in the area or Elder Law and with offices located in Rockland County, New York
There are techniques available to transfer assets, even after you become ill and are in need of long-term care, to protect them from the spend-down otherwise required to qualify for Medicaid benefits. One such method is the purchase of exempt assets. Another is to transfer assets to those permitted by the Medicaid rules without penalty. Spousal refusal may also be available if there is a spouse not in need of long-term care. Finally, if after exhausting the above, there are excess resources remaining, there is another method whereby the excess resources are transferred to an individual or entity in exchange for a promissory note promising to return a portion of the transferred assets to you. This technique can save half or more of the excess resources remaining.
If you have questions about protection of your assets, speak with an experienced lawyer – Albert J Kaiser’s office is centrally located in Rockland County
Mr. Kaiser’s office is conveniently located in New City, in the heart of Rockland County. He knows what to do to protect your assets even if you have not planned for your long-term care needs. If you would like to set no-obligation appointment with one of the best asset protection lawyers in Rockland County call him at 845-634-3700.