Top Elder Law Attorney Bobbi L. Thury Reveals Essential Advice On Medicaid Planning – Sioux Falls, SD

Sioux Falls(Mitchell), SD, United States – May 30, 2022 —

Seeking Medicaid planning advice from the right professionals is crucial in meeting the needs and rights of senior citizens, Elder Law Attorney Bobbi L. Thury has revealed.

For more information please visit https://www.legacylawfirmpc.com

In an interview this week, the Sioux Falls, SD attorney emphasized: “One of the biggest concerns among the aging population is the cost of care and whether they qualify for Medicaid to cover spiralling bills, such as nursing home costs.

“The wrong advice can result in them losing their assets and putting them and their loved ones in a difficult situation. Not everyone understands the complexities of the Medicaid system, including many estate planning attorneys.”

According to the Co-Founder of Legacy Law Firm, P.C., some people equate estate planning with elder law planning, but Thury explained the difference. 

“Elder law attorneys protect your money and assets while you’re alive, but estate planning attorneys focus on how to distribute assets after a person’s death. 

“Finding an estate planning and elder law firm, with attorneys versed in both fields, will enable a person to create a complete Family Protection Plan rather than just an estate plan,” Thury said.

The attorney stressed that incorrectly-worded trust agreements to protect assets could also jeopardize a person’s eligibility to qualify for Medicaid benefits. 

“Many are unaware that certain income and savings are exempt under law from being applied toward medical costs,” Thury elaborated.

“If you’re still wondering where to start in Medicaid planning and what assets shouldn’t be considered when applying, consult an experienced elder law and estate planning attorney. They address the many questions you may have about the subject.”

Contact Info:
Name: Bobbi L. Thury
Email: Send Email
Organization: Legacy Law Firm, P.C.
Address: 7404 Bitterroot Pl, Sioux Falls, SD 57108
Phone: 605-275-5665
Website: https://www.legacylawfirmpc.com

Release ID: 89075813

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