Arkansas Elder Law Attorneys
Preserving Your Assets & Protecting Your Rights
At AAPG Law, we are lifelines for many who fear that they may lose everything just to be able to provide for themselves or a loved one in need of nursing home care or in-home support. In fact, through strategic long-term care planning, we have helped thousands of families protect assets they earned during their lifetimes.
How can we preserve your retirement accounts, savings, homes, vehicles, and other valuable assets? The process starts with our Arkansas elder law attorneys conducting a comprehensive review of your wealth and assets to determine 1) how best to protect them and 2) how Medicaid can assist in doing so.
After this review, our lawyers and supporting team will provide start-to-finish case management, handling the following:
- Filing for Medicaid
- Communicating with the Arkansas Department of Human Services (DHS)
- Submitting documentation
- Miller Trust Management
- Additional services (based on your unique needs)
Beyond Medicaid, we also prepare and execute all kinds of estate planning documents, including:
We also assist clients and their families with:
- Probate
- Guardianship
Altogether, our efforts can safeguard your hard-earned assets and property while securing the benefits you need in the moments you need them. Many have thought what we offer sounds too good to be true. That is, until we showed them how our solutions could work for them and their families in a free consultation. Reach out to schedule yours today.
Join the thousands of people in Arkansas who have been glad they trusted their futures with AAPG Law. Call (501) 530-9670 or contact us online.
Learn more about our mission, our team, and how we’ve been helping families protect their assets and plan for the future since 1980.
What Is a Medicaid "Spend Down"?
Typically, to afford long-term care, individuals and families must “spend down” their assets to meet Medicaid's strict eligibility requirements. Doing so often involves depleting savings and selling off valuable property. It is no surprise that taking this route is not ideal. It can wipe away all that you or a loved one has worked for and leave little, if anything at all, to pass on to future generations.
This is why our team at AAPG Law focuses on stopping the “spend down” process. We devise and implement tailored strategies to shield our clients' assets and property while helping them qualify for Medicaid benefits. You may think this would take a long time, but we work as efficiently as possible to ensure quick access to benefits.
-
"Comfortable"
Ben and Steve were very helpful in explaining the process.- Marianne S. -
"Very Helpful"
I had a very good experience with AAPG.- Jennifer S.
AAPG Law: Here When You Need Us
-
Trusted Support for Families
For decades, families have trusted us to help them make informed decisions about their future with clarity and confidence.
-
Personalized Legal Guidance
Every situation is unique, and we take the time to understand your needs, offering tailored solutions for long-term care and estate planning.
-
Simplifying Medicaid Planning
Navigating Medicaid can be complex, but we handle the paperwork and planning so you can focus on what matters most.
-
Asset Protection That Works
We help you safeguard your savings, home, and other assets while ensuring you or your loved ones receive the care needed.
Methods for Protecting Assets from Long-Term Care Expenses
Our Arkansas elder law attorneys use various strategies to protect assets from long-term care expenses. Some of the most common include:
- Irrevocable trusts - By transferring assets into an irrevocable trust, they become exempt from Medicaid's asset limits
- Medicaid-approved annuities - This financial tool can be used to provide income for a community spouse (one who remains in the family home) while their partner receives Medicaid benefits
- Gifting - By strategically gifting assets to trustworthy loved ones, it can be possible to qualify for Medicaid while retaining some control over the assets
- Miller Trust Management – Also known as a Qualified Income Trust, this tool helps individuals whose income is over Medicaid’s limit become eligible by redirecting excess income into a trust that complies with Medicaid rules
- Beneficiary deeds – This allows you to pass real estate directly to a chosen beneficiary upon death, avoiding probate while still maintaining full control of the property during your lifetime
These are just a few examples of our strategies at AAPG Law. What your or a loved one's strategy may look like could feature any of the above or another approach. It all depends on our review of your situation and what we believe is optimal based on your needs.