It’s generally good to have a Will, but it is totally ineffective as an Elder Law planning tool. It won’t protect your assets against the catastrophic costs of long-term care, and it will leave your executor and heirs with the chore and the expense of going to court. For estate planning purposes, you might want to consider a trust, which is a private document that avoids probate and allows for the quick and efficient distribution of your estate to your heirs. At the same time, the trust can be designed to protect your assets, and facilitate Medicaid eligibility.
Lamson & Cutner’s attorneys can help you with your Elder Law plan and your estate plan at the same time. Usually, the same strategies and legal documents serve both purposes.