Arkansas Asset Protection Attorneys
Preserving Assets Through Strategic Planning
At AAPG Law, we work tirelessly to protect our clients’ hard-earned assets from the costs of long-term care. Generally, our team focuses on facilitating Medicaid planning, which involves helping individuals and families navigate eligibility concerns and utilize estate law tools to transfer, manage, and safeguard assets. We can also assist those who want to protect assets but might not yet need to engage in Medicaid or other types of long-term care planning.
Discover more about our offerings in a free consultation. We can conduct these meetings at our office, another convenient location, or virtually for your convenience. Our team strives to make our invaluable Arkansas asset protection services accessible to all who need them across the state.
Call (888) 635-9081 or connect with AAPG Law online to begin planning to secure the property, investments, and resources you have worked so hard to earn.
Why Asset Protection Is Key in Medicaid Planning
While Medicaid can offer you critical long-term care coverage, eligibility for this program is complicated. You must meet strict income and asset limits, which vary but often only amount to a few thousand dollars (even for couples). This disqualifies many people needing long-term care from Medicaid, thus putting their assets at risk.
Hear From Families We've Helped
Our clients often say our services seemed too good to be true—until they saw the results. Read how we’ve helped families like yours protect their assets and plan for long-term care.
-
"Helpful, patient, kind and quick to help"
Stephanie Love has been so helpful, patient, kind and quick to help me navigate through the processes necessary to get my mom through the Medicaid process. I appreciate her and all she does.
- Catherine T. -
"Very Professional"
Very professional and helpful. We would have been lost without them.
- Gary H. -
"Highly Recommend"Yes, I used AAPG when my mother went into a nursing home. Someone at the nursing home told me about AAPG. I looked them up online to see who they were and saw good ratings. So I gave them a call, and from there, they took care of everything. I couldn’t have done it by myself. I had nothing to worry about—they handled everything. I just want everyone to know they are good, decent people, and I would highly recommend them to anyone.- Jimmy W.
-
"Awesome Experience"
My mom and I had an awesome experience with AAPG! Everyone is nice and helpful, and they were a life-saver in a time of need.
- Kristi B. -
"Very Helpful"
I had a very good experience with AAPG. Their staff is very helpful. Prompt on returning calls, and all staff have been very nice and helpful. I would highly recommend this business if you need help with finances for nursing home placement.
- Jennifer S. -
"Comfortable"
Ben and Steve were very helpful in explaining the process and making me feel comfortable every step of the way.
- Marianne S. -
"Fantastic"
I didn't know where to start. I was grateful to learn about AAPG. I was at a loss and AAPG has been fantastic. They took the burden off my shoulders and I have already referred them to many families.
- Denese S. -
"Thrilled"
I am thrilled that I didn't have to give up half of everything we owned to the nursing home. At the time, I didnt feel well and was so happy to have help regarding the Medicaid application. AAPG was a lot of help transferring and protecting property. I couldn't have completed the process alone, especially the way I was feeling.
- Robert P.
Strategies We Use to Protect Assets from Long-Term Care Costs
Should you trust your case with us, we can employ numerous legal tools to preserve your financial security and give you access to Medicaid benefits. Your individualized strategy may feature the following and more:
Establishing an Irrevocable Medicaid Asset Protection Trust
This kind of trust is often the cornerstone of our asset protection strategies. By transferring assets, property, and resources into such a trust, they will not be counted toward your Medicaid eligibility. Timing is critical. You must proactively establish a Medicaid asset protection trust to avoid penalties that could delay your eligibility.
Medicaid-Compliant Annuities
Medicaid-compliant annuities can help convert excess assets into a steady income stream that benefits you or your spouse without disqualifying you from Medicaid.
Asset Gifting
For those who plan far enough ahead, gifting assets to family members or loved ones can be an effective strategy. You must transfer assets with an eye to Medicaid’s five-year look-back period, which penalizes transfers for less than fair market value by delaying eligibility.
Spousal Protections
For married couples, special Medicaid rules, such as the Community Spouse Resource Allowance (CSRA), enable the healthy spouse to keep a portion of assets and income even if their partner requires long-term care. These protections are complex but can significantly aid in preserving wealth.
Beneficiary Deeds
Real estate is often exempt from Medicaid’s asset limits. But once you pass away, Arkansas may attempt to recover some of your care costs through a process called estate recovery. By utilizing a beneficiary deed to automatically transfer real estate upon your death, you can shield these assets from estate recovery and protect your beneficiaries’ inheritance.
-
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.
Planning for long-term care and asset protection doesn’t have to be overwhelming. Let AAPG Law guide you through the process with clarity and confidence. Contact us today to schedule your free consultation.
Rely On Our Arkansas Asset Protection Lawyers to Preserve Your Legacy & Secure Benefits
Our team of licensed and highly experienced attorneys and legal professionals have an in-depth knowledge of the intricate Medicaid rules and how to navigate them to safeguard assets. Thousands across Arkansas have relied on us for Medicaid and estate planning. We welcome you to do the same and reap the benefits of improved confidence in your finances and better access to care.
Request a free consultation with one of our Arkansas asset protection attorneys today. Call (888) 635-9081 or contact us online to arrange yours.