ASSET PROTECTION /
WHAT IS ASSET PROTECTION/ MEDICAID PRE-PLANNING?
At Tomac & Tomac, we have this crazy notion that you should get to keep what you've worked for. It's actually a simple concept, but sometimes that concept can turn into a big complicated mess.
The good news is that we're here to help you.
Asset protection and/or Medicaid Pre-Planning can look different for each family, and may include different types of trusts to protect your assets.
It's important to know that it is not a good idea to title homes or accounts in the names of your children or other family members. While tempting, please know that "DIY-ing" Asset protection could end up inadvertently "gifting" half of the asset to them, which could cause problems for you (or them!) down the road.
THERE ARE MANY RESOURCES TO HELP
FAMILIARIZE YOURSELF WITH ASSET PROTECTION
Ready to take the next step? Book an absolutely free consultation. Contact us today!