George M. Prescott, Attorney at Law

George M. Prescott, Attorney at Law

300 Front Street, Lincoln, RI 02865

(401) 726-5577

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George M. Prescott, Attorney at Law Review Your Trust Annually To Protect Your Assets Medicaid is a state administered program that is funded to a great extent by the Social Security trust fund. It provides for payment of medical services and long term nursing home care for those who qualify. Because of the ever increasing cost of long term nursing home care, both the federal and state governments periodically amend the Medicaid statutes and regulations in order to further limit eligibility for the program. Therefore, if you have had a living Trust prepared to shelter your assets from nursing home expenses and enhance your chances of qualifying for Medicaid long term care benefits after a five year look back period, you should have that Trust reviewed annually and revised if necessary to be sure it conforms to the current Medicaid statutes and regulations. It is part of my regular practice to prepare living Trusts to both avoid probate of a clients estate and protect their assets from nursing home costs during their lifetime. I also review and update those Trusts, and similar Trusts prepared by other attorneys upon request. If you are concerned about possible long term care expenses and would like to discuss your concerns with me, please call my office for an appointment. There is no fee for the initial consultation. George M. Prescott Courtesy of: George M. Prescott ATTORNEY AT LAW 300 Front Street, Lincoln, Rhode Island, 02865-0089 (401) 726-5577 The Rhode Island Supreme Court licenses all lawyers in the general practice of law. The Court does not license or certify any lawyer as an expert or specialist in any field of practice.