Below are general checklists of factors to consider with your elder law attorney for Medicaid planning, Estate planning, and Wills.
Medicaid Planning
- Medical history
- Monthly income
- Expenses
- Assets
- Trusts
- Life insurance
- Real estate
- Debt
- Gifts
- Health insurance
Estate Planning
- The necessity of a Will, trust, power of attorney, or other type of legal document
- Prior trust agreements
- Assets
- Debts
- Health status
- Prior gifts
- Monthly income
- Retirement plans
- Real estate
- Naming a guardian
- Life insurance
- Annuities
Wills
- Distribution of assets
- Beneficiaries
- Distribution of personal property
- Executor
- Trustee
- Guardian
