An estate plan is much more than a set of documents. Your estate plan will affect every aspect of your life—you, your assets, your loved ones—so it should be able to move and grow along with you throughout life’s changes. While other firms may offer boilerplate documents prepared by an attorney that you never hear from again, we tailor our plans to each client. We protect what is most precious to you, make your passing as easy as possible for your loved ones, and allow you to make decisions with confidence.
Preparing for long-term care for your beloved family members can be an incredibly difficult topic to acknowledge. However, 70% of Americans will need long-term care at some point in their life and your loved one is not likely to be an exception.
The Medi-Cal planning attorney at The Estate Planning Law Center specializes in Medi-Cal planning in Woodland Hills, California. Most families will need Medi-Cal to help pay for the long-term, skilled nursing care facility, sub-acute facility, or rehabilitation center their loved one needs. Medi-Cal is the only government program in California that will cover the very expensive cost of long-term care. Proper Medi-Cal planning entails properly protecting your loved one’s assets while still qualifying them for the benefits they currently need or are likely to need in the future.
Asset protection planning, when it comes to Medi-Cal eligibility, can either involve crisis-mode planning in a medical emergency, or proactive planning ahead to maximize possible opportunities to shelter the income and assets of your loved one from the high cost of long-term care.
When aiming for Medi-Cal eligibility, asset protection takes on a certain urgency and requires a different approach than typical asset protection planning. There are major conflicts between that and asset planning that arises from the rules pertaining to eligibility for Medi-Cal. Due to the high cost of nursing home care and the absolutely devastating economic impact this expense can have on a family, precise planning needs to be done with the assistance of an asset protection attorney who understands Medi-Cal planning in Woodland Hills, CA.
Trust Administration & Probate
Probate is the daunting and expensive task of going to court to administer the estate of a deceased loved one. Whether you are required to probate an estate or you seek to create a trust to avoid probate in your own future matters, an estate planning attorney in Woodland Hills, CA can help.
Life Care Planning
A person with chronic injuries or illnesses, or who has entered advanced age, often requires a life care plan. A life care plan is a legal document that specifies a certain person’s future medical care needs. This document is created by a professional life care planner or a life care planning attorney and can be used in consultation with patients, family members, medical professionals, and case managers to orchestrate the best possible medical care and support for that person.
Contact the compassionate Woodland Hills elder care attorneys at The Estate Planning Law Center today.