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Medicaid Asset Protection Trusts — Part I: What They Are and Why You Need One
A Medicaid Asset Protection Trust, referred to as a “MAPT”, is a legal tool that protects your estate against financially-ruinous long-term care costs. Did you know that nursing homes cost $180,000 a year and that Medicare and health insurance DON’T PAY? Medicaid does – AFTER you (and your spouse) are broke. But with a properly-drafted MAPT (not all MAPTS are created equal) you and your loved ones can retain use of and control over your estate and still later qualify for Medicaid to pay for long-term care.
Join the lawyers at Vasiliadis Pappas Associates for a FREE one-hour webinar on what a Medicaid Asset Protection Trust is and why you should include it as part of your estate plan.
You Will Learn:
- Benefits of a properly-drafted MAPT
- How to set up and operate a MAPT
- Which assets to include in your MAPT – and which ones not to
- And more!
*Certified as an Elder Law Attorney by the National Elder Law Foundation as accredited by the Pennsylvania Supreme Court.
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Speaking Engagements
Topic: POLST/MOLST Advanced Care Planning Directives for Dementia Care
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We Can Speak to Your Group
Vasiliadis Pappas have presented hundreds of lectures and seminars to community and professional groups on elder law and estate planning issues. If you would like to request someone from our firm to speak at an event, contact us at:
610-694-9455
info@lawvp.com
