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Middle class Americans seeking asset protection cannot afford to ignore the potentially devastating costs of nursing home and other long-term care. Nursing homes are among the most common and largest creditors an average American is likely to face in his or her lifetime, but only about 10% of the population has long-term care insurance. For the other 90%, Medicaid is the primary source of payment, so a basic understanding of the Medicaid asset protection process is vital for all professionals who work with seniors and their families. This legal guide will provide an overview of asset protection concepts and strategies that elder law attorneys can use to legally and ethically protect assets while facilitating earlier Medicaid eligibility; and a set of crisis-management tools to prevent and correct inadvertent loss of benefits. Order today!
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JIMMY D. LONG JR. is a sole practitioner in Natchitoches, where he focuses his practice in the areas of trusts and estates, estate planning, wills, probate, successions and elder law. A board certified estate planning and administration specialist through the Louisiana Board of Legal Specialization, Mr. Long has spoken to professional groups on topics related to his areas of practice. He earned his B.A. degree from Louisiana State University and his J.D. degree from Loyola University. Mr. Long is a member of the Natchitoches and Louisiana State bar associations.
DAYNA RYAN is an attorney with Theus, Grisham, Davis & Leigh, L.L.C. in Monroe. Ms. Ryan focuses her practice in the areas of elder law, estate planning, special needs and disability planning. She is a member of the Louisiana State Bar Association. Ms. Ryan earned her B.A. degree from Centenary College of Louisiana, her J.D. and B.C.L. degrees from Louisiana State University, Paul M. Hebert Law Center, and her LL.M. degree from Stetson University College of Law.