Protecting your assets and your family as you grow older can be a scary experience. The last thing anyone wants is to lose the value of their property and not be able to pass that on to other family members. Luckily, The Law Offices of Martha Patterson can help you plan for and manage your assets to prepare for the major steps in your life.
For many people, their home is their most valuable asset, and protecting this asset is important. If you need long-term care, you may end up selling your home and moving into a care home. By protecting your home before you sell it, you will be able to quickly qualify for public benefits that pay for care. If you sell your home first and then try to protect the cash, it will take much longer. Depending on your situation, it could even take years to qualify. If you want to qualify for Medi-Cal to pay for a skilled facility, are a war era veteran, or spouse of such a veteran, your home most likely won’t disqualify you, but the cash from the sale would. You may not want to keep your home if you move to a care home, but protecting your home will still provide you with options when you need care. Failing to protect your assets in advance will limit your options considerably.
If you’re ready to learn more about how to protect your assets, and the steps you need to take to ensure your assets and cash are protected for your family, than contact us now and learn more about what you can do. Whether you’re looking to sell your home and consider long-term care, or because you’re trying to qualify for Medi-Cal, protecting your assets can be one of the most important things to take care of as soon as possible. We aim to make that process as easy for you as possible, so be sure to contact The Law Offices of Martha Patterson as soon as you can.
Martha Patterson is a California Certified Specialist in Estate Planning, Trust and Probate Law, and Certified Elder Law Attorney by the National Elder Law Foundation. She focuses on Elder Law, Asset Protection and Estate Planning. She is a Member of NAELA; Past President of Southern California NAELA. Featured on CNN, Good Morning America, NBC, ABC, CBS, Fox News, and radio stations KABC, KNX, and KKLA. She overcame incredible objections and enabled Kerri and Julie Kasem to visit their dad radio host Casey Kasem. She is a frequent lecturer for NBI, and is a at MCLE events, and public forums.