In this episode of “Now or Never Long-Term Care Strategy,” host Kosta Yepifantsev is joined by Jason Neufeld, an elder law attorney and partner at Elder Needs Law. They discuss why everyone should consider working with an elder law attorney, especially as they approach retirement age.
According to Neufeld, elder law is an umbrella term for different legal disciplines, including estate planning, probate, Medicaid planning, and more. One of the key benefits of working with an elder law attorney is their expertise in Medicaid planning, which can help protect assets and provide access to Medicaid services for long-term care.
In Florida, where Neufeld practices, individuals are only eligible for Medicaid if they have less than $2,000 in assets. Elder law attorneys can help individuals legally and ethically protect their assets while still qualifying for Medicaid services.
Overall, Neufeld recommends that anyone 55 and older should consider meeting with an elder law attorney, even for general estate planning purposes. A well-planned estate can ensure that your assets are distributed according to your wishes and can help protect your loved ones from the potential financial burden of long-term care.
Jason currently serves on the Miami Mayor’s Initiative in Aging, The Academy of Florida Elder Law Attorneys, and The National Academy of Elder Law Attorneys.
Today we’re talking about why you need an Elder Law Attorney.
In this episode: what age should someone consult an Elder Law Attorney to start planning for things like Medicaid, Probate, and Estate Planning, how to find a qualified and knowledgeable Elder Law Attorney, and unavoidable truths when it comes to long-term care planning and securing your estate.
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