Asset Preservation Planning -Strategies for Florida Medicaid

A major focus of MIR’s business is to assist Florida families in preserving their assets instead of spending down their assets on nursing home expenses.  MIR’s asset protection services are geared towards educating FL families on legally viable, asset protection strategies.

Since the Federal Govt. and the State of Florida continue to change the Medicaid rules, keeping abreast of these changes and staying ahead of them can be quite challenging.  Every so often, a new legislative change is approved and some of the current asset preservation strategies are eliminated.  This happened recently with the passage of the Deficit Reduction Act of 2005.  Several changes were implemented in the passage of this new Federal statute, which has not been implemented yet in Florida.  This continuity of change presents challenges to MIR in practicing Asset Preservation Counseling.

Rest assured, no matter what changes come down the road, that we will do our best in searching for viable asset preservation tools to assist our clients in preserving their assets.