Asset Protection Planning
- Asset Protection Planning
Asset Protection Planning
Planning for the future means more than just creating a will or trust — it’s about safeguarding your hard-earned assets so they remain available for the people and purposes that matter most.
At The Law Office of Angela Odensky, we specialize in asset protection planning to help you preserve your wealth, provide for your loved ones, and ensure you can afford the care you may need as you age.
Whether you’re concerned about protecting your family’s financial security or planning for the rising costs of long-term care, our asset protection strategies are designed to give you peace of mind and the confidence that your legacy is secure.
Why Asset Protection Planning Matters
Without proper planning, unforeseen events like medical emergencies, long-term care expenses, or lawsuits can quickly erode your savings. Asset protection planning shields your wealth from these risks, helping you preserve your financial stability and pass your assets on to your loved ones.
At The Law Office of Angela Odensky, we take a proactive approach to asset protection. Our strategies are tailored to your unique situation, whether you’re seeking to protect a family home, preserve retirement savings, or structure a financial plan to cover future care costs. With careful planning, you can avoid unnecessary losses and ensure that your money is used in the ways you intended.
Protecting Money for Your Loved Ones
One of the primary goals of asset protection planning is to ensure that your wealth reaches your loved ones without being depleted by unnecessary taxes, creditors, or other financial risks. Through trusts and other legal tools, we help you:
- Shield your assets from creditors and lawsuits.
- Minimize estate taxes to maximize the inheritance passed to your beneficiaries.
- Prevent family disputes by clearly outlining how your assets should be distributed.
- Ensure loved ones with special needs remain eligible for essential government benefits.
By taking steps now to protect your assets, you can provide your family with financial security and prevent unexpected complications after you’re gone.
Affording Long-Term Care Without Sacrificing Everything
The cost of long-term care is one of the biggest financial challenges families face today. Nursing homes, assisted living, and in-home care can quickly drain your savings if you don’t plan ahead. At The Law Office of Angela Odensky, we help you develop strategies to afford the care you need while protecting your assets.
Our Services Include
Medicaid Planning: We’ll guide you through the process of qualifying for Medicaid benefits while protecting your savings and property.
Irrevocable Trusts: By placing assets in an irrevocable trust, you can shield them from being counted for Medicaid eligibility while retaining control over how they are used.
Long-Term Care Insurance Guidance: We’ll evaluate insurance options to determine if they fit into your overall plan.
Spousal Asset Protection: For married couples, we help ensure that one spouse can afford care while the other retains sufficient financial resources.
With our guidance, you can create a plan that allows you to access high-quality care without jeopardizing your family’s financial future.
Start Protecting Your Legacy Today
At The Law Office of Angela Odensky, we understand that protecting your assets is about more than just finances—it’s about securing your family’s future, maintaining independence, and providing peace of mind. Angela Oden, a Certified Elder Law Attorney (CELA), has the expertise to help you navigate these complex issues and create a plan that works for you.
Contact us today to schedule a virtual consultation and take the first step toward preserving your wealth, protecting your loved ones, and preparing for life’s uncertainties. Let us help you build a future you can count on.