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Palo Alto Medi-Cal, Long-Term Care & Asset Protection Attorneys
Who isn’t worried about the cost of long-term care? It can devastate your estate.
It may come as a surprise that you can qualify for the Medi-Cal program, which can pay the cost of nursing home care, without losing your assets. Many assets are protected. Others can be transferred legally and without generating lengthy periods of ineligibility.
Medi-Cal, California’s version of the federal Medicaid program, is commonly perceived as a benefit available only to those who are virtually destitute. In fact, Medi-Cal is much more forgiving. The lawyers of Gilfix and La Poll has been helping Californians protect assets and qualify for Medi-Cal for over 20 years and with consistent success.
Plans Custom Tailored to Your Long Term Care Needs
Because your circumstances are unique, every Palo Alto Medi-Cal asset protection plan is unique. It may be appropriate to transfer, convert, or otherwise protect assets as part of a comprehensive plan. An irrevocable trust may be created to hold your residence. Care is taken to avoid “reimbursement” or “estate claim” efforts by the Medi-Cal program to recover the cost of Medi-Cal benefits upon your passing.
Throughout this complicated process, it is paramount that your Medi-Cal and asset preservation plan be approached professionally and with tremendous care and understanding. Improper disbursement of assets, for example, may result in penalties such as a period of Medi-Cal ineligibility that can last up to five years. An ill-advised plan can leave you exposed and unprotected. At the same time, planning is carefully structured to avoid gift, capital gains, and property tax problems that are too often overlooked.
Gilfix and La Poll brings its full scope of its wisdom, experience, and know-how to handling your long-term care and Medi-Cal planning needs.
Certified Specialists in Estate Planning & Elder Law
Co-Founder of the National Association of Elder Law Attorneys
Pioneers in Elder Law & Estate Planning
Hundreds of Millions of Clients' Dollars in Taxes Saved
Thousands of Families in the Community Served
Over 35 Years of Serving the Bay Area