Our Elder Law Practice
| Our Elder Law Practice |
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The U.S. population is living longer than ever, and millions of people are caring for elderly loved ones. Our Elder Law Practice centers on helping older and disabled clients as well as their families develop comprehensive legal plans that preserve their financial assets and plan for future care. One of the most complex areas of elder law is Medicaid and long-term care planning. Medicaid, a joint program administered by the Federal government and the State, has undergone significant changes since the Deficit Reduction Act of 2005. The most important effect of this statute is that Medicaid eligibility requirements are far more restrictive - making proper planning that much more crucial. The attorneys at McLaughlin & Quinn, LLC are experts at developing and employing proven legal strategies that protect financial assets while helping our clients meet Medicaid eligibility requirements. We start by performing a comprehensive review of each client’s situation – financial, healthcare needs, and living – and then create a plan that is both protective and proactive. We also help our clients navigate the often confusing nursing home admission process, set up guardianships or conservatorships, and help with probate and trust administration. In fact, Jill E. Sugarman, Esq. of McLaughlin & Quinn was named the Rhode Island attorney for the Probate Attorney Alliance. With the complexity of this area of the law, there are several tools we employ to protect our clients. Spending down, special needs trusts, promissory notes, financial transfers, and funeral preplanning are all valuable strategies; yet in order to work they must be used correctly. Our expertise is in knowing what strategies work for which situation and guiding our clients through the entire process.
Additional Information on Elder Law: To learn more about Elder Law visit our FAQs or our Resources for relevant articles. |
