The Estate & Asset Protection Law Firm Owner, Shannon Pawley, Encourages Advance Planning To Qualify For Medicaid Long-Term Care.
The Estate & Asset Protection Law Firm Owner, Shannon Pawley, writes about the qualifications individuals must meet in order to qualify for Medicaid long-term care and discusses how the Burial Exclusion Allowance helps.
DECATUR, GA; March 10th, 2023: Shannon Pawley, Owner of The Estate & Asset Protection Law Firm, has posted a new blog on the law firm’s website entitled Burial Exclusion Allowances in Medicaid,” in which Ms. Pawley offers insights meant to encourage readers to take action before it’s too late.
As Pawley notes, “Qualifying for long-term care through Medicaid is not automatic.” She continues, “In fact, it can be difficult for many seniors to meet the many requirements. However, despite the challenges, working with an experienced attorney can help you navigate the complications and meet the requirements legally.”
According to Pawley, “Income and asset limitations apply to qualify for Medicaid. One of the ways that many people can lower their income and assets is through what is termed “spend down.” Spend down,” Pawley explains, “is the process of divesting your assets down to the amount that makes you eligible for Medicaid coverage for long-term care.” She emphasizes, “It is important to be aware that you do not have to spend all your assets before being able to qualify for Medicaid – this is where an attorney skilled in Medicaid qualification strategy is most valuable.”
Pawley elaborates, “Most state Medicaid programs allow certain assets to be exempt from consideration, and thus protected from being spent out of pocket on nursing home costs. Before spending down,” she emphasizes, “it’s important that you know which assets are considered exempt, which are non-exempt, allowable methods to strategically protect assets and how much you can preserve for your family.”
The entire blog can be read HERE.
About The Estate & Asset Protection Law Firm
The Estate & Asset Protection Law Firm was established to serve the legal needs of retiring citizens. The Firm focuses its entire practice on providing strategies to protect independence, privacy, assets and taxes from the government. Shannon Pawley has grown her law practice by providing excellent customer satisfaction with personalized wealth protection plans.
About Shannon M. Pawley, J.D., LL.M
As the owner of The Estate & Asset Protection Law Firm, Shannon M. Pawley and her entire team share a passion which focuses on being able to serve the legal needs of retiring individuals. In our firm, WE BELIEVE that people should not have to lose everything they’ve worked a lifetime to earn and that every person is an individual who deserves respect and the highest quality of life possible, regardless of age or ability. We also believe that privacy and protection are the keys to personal peace. Born and raised in the Tidewater area of Virginia to a tightknit family with strong military service roots, Shannon learned from an early age the value of hard work and the importance of social awareness to ensure you always leave a situation in a better place than how you entered it. In her junior year of high school, Shannon served as U.S. House of Representatives Page during the 101st United States Congressional Session in Washington, D.C. This experience exposed her to numerous new cultures and worldly issues. Walking away from her experience as a U.S. House of Representative Page, Shannon knew that she wanted to pursue legal studies and be able to assist others in obtaining the best results available in difficult situations.
Shannon earned her undergraduate degree at North Carolina Wesleyan College and pursued a law degree from Michigan State University College of Law. After obtaining her law degree and becoming a licensed attorney in Michigan, she continued her educational pursuit by acquiring a LL.M. (Master of Law) in Taxation from Wayne State University. After moving to Georgia in 2018, Shannon obtained her Georgia law license and has enjoyed being able to pursue her desire of ensuring persons are able to age with dignity, grace and independence.
Looking to find an experienced estate lawyer in the Georgia area who is skilled in asset protection and estate plan preparation? Shannon Pawley is an attorney in Georgia with expertise in estate planning and asset protection. Shannon can provide assistance with creating an estate plan to include making a will and how to establish a trust properly. If you have questions about asset protection or questions about making an estate plan, reach out to Shannon and she will be glad to help answer all the estate planning questions you might have!