Many people who come to our office seeking assistance with Medicaid planning techniques for a loved one have predetermined ideas on the steps that should be taken. These ideas are often based upon information received from friends, relatives, neighbors, as well as independent research on the internet. In many cases, by the time clients come in to our office, they have already taken action to legally formalize such ideas without fully evaluating the Medicaid planning impact upon their loved ones. Unfortunately, this can often have costly and tragic consequences for the family.
Among the myriad “do-it-yourself” plans and techniques we have encountered over the years in working with many of our clients are the following: