Long Island Asset Protection Attorneys | Cona Elder Law

Asset Protection

You worked hard for the money you earned, but times have changed since the once popular cliché that "it's not what you earned that counts, but what you saved". Today, it is equally important to properly safeguard what you worked for and saved over the years. Your assets require protection just as you do.  

There have been countless cases in which an individual has lost their hard earned assets in situations that could have been avoided, including the needless spend-down of assets on the costs of long-term health care.

Your assets will be the basis of how well you will manage your future as well as the future of your family. Fortunately, the experienced asset protection planning attorneys of Cona Elder Law are here to help preserve the future you envision and to protect your family.  

What Is Asset Protection Planning?

Asset protection is the process of safeguarding your assets in advance so that your hard earned money can pass to your loved ones and heirs and you can qualify for all types of health care coverage, wherever you may need it. It is important to have asset protection not only for your present status but for your future and for your family.  

When it comes to estate planning, long-term care, and Medicaid planning, it’s all about asset protection. It is vital to have an accurate representation of your assets and finances in order to protect you to the full extent of the law.

Protecting Your Assets from Increasing Healthcare Costs, the Government and Creditors  

The skilled Elder Law attorneys at Cona Elder Law will examine your assets and help you prepare an asset protection plan. We can help you minimize risks and develop an estate plan to ensure you're protecting your assets in the best way possible. A few of the most common legal tools we use in asset protection planning include:

  • Asset Protection Trusts
  • Irrevocable Trusts
  • Homestead and other Statutory Exemptions
  • Special Needs Trusts
  • Spousal Transfers

Contact Cona Elder Law for Asset Protection Planning

At Cona Elder Law, we are dedicated to ensuring you have the best planning possible for you and your loved ones. Our skilled and experienced Elder Law attorneys will do everything possible to ensure the protection of your assets and your family.  Then, you can rest easier knowing your future is secure. Contact Cona Elder Law today for asset protection planning solutions. 

Let Our Experienced Attorneys Help You Protect Your Assets