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ELDER LAW
Long-Term Care Planning and Wealth Preservation
Elder law refers to various legal issues that commonly arise during retirement years, such as transferring wealth, planning for nursing home care, and intervening on behalf of an aging parent.
Pilicy & Ryan, PC helps elderly clients and their families address these issues with clarity and dignity. Our firm has served residents of the state of Connecticut for over 40 years. We provide solid advice and solutions, whether you are taking proactive steps to plan for your own care or are dealing with a loved one's deteriorating health.
Your priority may be to leave everything to your children, or you may want to ensure that you can enjoy your retirement years and retain your independence. We work closely with our clients to achieve their goals.
Elder law is a complex and evolving field. State and federal lawmakers are forever tinkering with Medicaid eligibility, gifting limits, estate tax thresholds, and other provisions that make it difficult to plan and comply with the law. Our elder law attorneys strive to stay abreast of the law and provide sophisticated advice.
Comprehensive Elder Law Services
People are living longer into their golden years, but a health crisis or mental decline can occur at any age. Advance planning expands and preserves your options for protecting yourself and your children's inheritance.
Our elder law and Medicaid attorneys will arrange a convenient time to discuss your financial picture, your concerns, and your goals. When it is possible, we encourage the elderly person to attend this session, even if an adult child has been tasked with getting their parent’s affairs in order.
We can knowledgeably address every scenario or goal, including:
- Title XIX/Medicaid planning — protecting family assets from the spend-down requirements in anticipation of subsidized nursing home care
- Social Security Disability planning — bridging strategies until Medicare kicks in
- Long-term care insurance — an advanced planning option to avoid Medicaid traps
- Gifts and transfers — legally passing wealth to the next generation within the five-year look-back limits
- Special needs trusts — enabling a disabled person to receive state services or Social Security while protecting an injury settlement or other assets
- Drafting a will and other estate planning documents
- Annuities, reverse mortgages and other income streams
- Conservatorship — Petitioning the court to take over the affairs of a family member who is unable to handle his or her own affairs [Read More]
Title XIX/Medicaid
Title XIX of the Social Security Act established Medicaid in order to assist individuals and families with medical and health-related services. This is a cooperative partnership between the state and federal governments, designed to provide extra help to those who need it. If you need assistance applying for Medicaid, or understanding the laws or anything regarding it, our experienced attorneys are here to help.
Estate Law
Read more about our Estate Administration services, including wills, here.
Pilicy & Ryan, PC
235 Main Street
Watertown, CT 06795
Phone: 860-274-0018
Fax: 860-274-0061
The attorneys and staff of Pilicy & Ryan, PC strive to be accessible to clients, starting with a free consultation. One of our knowledgeable attorneys will meet with you one-on-one to discuss your concerns, your goals, your rights and your options in any legal matter.
To find out how our lawyers can help solve your legal conflict or protect your interests, please contact our office by phone or by completing the form on this page, and we will contact you as soon as possible.
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