Elder Care Attorney, Mindy Felinton talks about the under-utilized benefits of Medicaid in tandem with Medicare for those with fewer and limited assets and encourages readers to include Medicaid as part of an overall asset protection plan.
Delray Beach, FL., August 8, 2019: Mindy Felinton, founder of Felinton Elder Law & Estate Planning Centers, has posted a new blog on her law firm’s website entitled “The Importance Of Medicaid Planning For Middle Class And Lower Income Clients.” Ms. Felinton urges readers to look into Medicaid Planning.
It’s no secret as Felinton points out that, “The middle class in this country is shrinking rapidly.” She continues adding, “For those remaining in this declining middle class, it requires every bit of intellect and wisdom to hold onto the hard-earned money you’ve worked for your entire life. If a tragic accident or illness were to unexpectedly occur, all of your assets could be wiped out in the blink of an eye.”
According to Felinton, “The wealthy turn to tax planners to protect their assets. And, Medicaid is rarely if ever a consideration among the well-to-do.” She continues adding, “However, those in the middle class and those less well-off typically have minimal assets and may only have Medicaid to depend on for their healthcare needs. It is my passion to help those who may need additional financial resources to pay for long-term care and/or nursing home needs. This is done through Medicaid Planning.”
“Medicaid Planning is a legal process of structuring assets in a way that is permissible with the State Medicaid rules,” Felinton says. She adds, “It is for those who are the backbone of America, those with fewer and more limited assets and works with Medicare.”
The entire blog can be read at https://www.felintonlaw.com/the-importance-of-medicaid-planning-for-middle-class-and-lower-income-clients/
About Mindy Felinton
From a young age, Mindy wanted to be the voice that would make an impact in people’s lives. She became an attorney and has practiced law for over 30 years, so that she could fulfill her desire to help others. As a special prosecutor, Mindy defended the underdog (literally) in cases of animal abuse. As a state attorney in Florida she fought for justice. During the last 25 years, Mindy met many wonderful people who did not know their rights, did not understand the law, and did not know what options were available.
Mindy assists families with Medicaid planning to help with the cost of nursing home care and with obtaining veteran’s benefits to make the cost of care more manageable. She also prepares wills, trusts, powers of attorney, and medical directives. Mindy is passionate about educating both other professionals and the public concerning VA Aid & Attendance benefits, Medicaid benefits, and the use of trusts for the protection of assets. She shares her experience and professional knowledge through free workshops, and as a frequent lecturer at State Bar Conferences.