Get the Latest on Medicaid Application and Asset Planning Tactics
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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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JULIA K. PRICE is an attorney with Elder Law of East Tennessee, working closely with clients and families who are facing imminent care transitions and may be worried about how to find and pay for needed care. She is a member of the Tennessee and East Tennessee Lawyers’ Association for Women, National Association of Elder Law Attorneys, and Knoxville and Tennessee bar associations. She is VA accredited. Ms. Price received her bachelor’s degree in political science and history from Agnes Scott College and her Juris Doctorate degree from Tulane University Law School.
BAILEY SCHIERMEYER is an attorney with Elder Law of East Tennessee. She assists elders, individuals with disabilities, and their families with planning for the legal and financial challenges of aging and long-term care situations. Ms. Schiermeyer advises clients on strategies for dealing with current crises and planning to avoid crisis situations in the future. In addition to assisting clients with issues of aging and disability, she also handles estate administration or probate cases. Ms. Schiermeyer is a member of the Tennessee Bar Association; the Knoxville Bar Association, Law Firm Technology Committee; the Knoxville Bar Association, Barristers, Young Lawyers Division; and the National Academy of Elder Law Attorneys. She is VA accredited. Ms. Schiermeyer received her B.S degree from Tennessee Technological University and her J.D. degree from Regent University School of Law.