The attorneys at Cohen and Lombardo, P.C. can assist you in planning for either your own or a loved one's retirement years, including Medicaid and disability planning.
We can discuss with you the benefits of lifetime gifting, long-term care insurance, asset protection and various types of trusts. Is it wise to "give away" all of your assets to your children prior to applying for nursing home or assisted living care? Not always. We can discuss the pros and cons of this type of planning with you to determine what meets your specific needs.
We can also help you in determining the need for a Living Will and Health Care Proxy and draft the documents necessary to ensure that the person you want to make medical decisions for you in the event you are unconscious or otherwise not able to do so will be the one to make them and he or she will make them in accordance with your wishes. Similarly, we will discuss with you the pros and cons of naming a Power of Attorney to make financial decisions for you.
There is no such thing as a "one-size-fits-all" plan. However, we can work with you to tailor one that fits you nicely.