Friday's Tip

Tip of the Day

If your net worth is between $200,000 and $500,000, then you should be aware of Medicaid and its requirements depending on your age and physical abilities.

Further Explanation

Given the high cost of medical care and nursing home care, people sometimes deplete their assets more quickly than expected and end up needing Medicaid. Medicaid has unique rules for determining a person's assets. By seeking legal advice before when your net worth is between $200,000 and $500,000, you can plan how to spend your assets wisely and still retain eligibility for Medicaid.

Common Misconception

"If assets are in a trust, then I avoid taxes."

Trust assets are still subject to Nebraska Inheritance taxes and Federal Estate taxes.

Call Burnett Wilson Law at (402) 810-8611 or contact us online to schedule a free consultation and to discuss your estate planning options.



Work toward a better future with your friends at Burnett Wilson Law. 
Call 402-810-8611 or fill out the form below to start today.
  • Please enter your first name.
  • Please enter your last name.
  • Please enter your phone number.
    This isn't a valid phone number.
  • Please enter your email address.
    This isn't a valid email address.
  • Please make a selection.
  • Please enter a message.