Strategic Planning

As retirement approaches, many people get more serious about family and asset protection. At this point, we can help maximize your resources for your long-term care, including navigating investments, insurance, Medicaid, and Veteran’s benefits. The sooner you start, the better an outcome you can expect and the more options you will have.

What is Strategic Planning?

Strategic Planning is planning now to preserve and protect assets from long term care costs. Some tools that may be used when Strategic Planning could include:

Last Will and Testament
Revocable and Irrevocable Trusts
Testamentary Trusts
Special Needs Trusts
Powers of Attorney
Advanced Directives

Is Strategic Planning Right for You?

You DO NOT want the State of Idaho to decide how to take care of your family and assets upon your death.
You are READY to take control of your future and your plans for your family and assets.
You are planning to retire in the next 5 years or are recently retired. (If you’re not here yet, see our Pre-Planning Services.)
You are retired but not yet needing long-term care. (If not, see our Crisis Planning services.)

Schedule Your Right-Fit Session Today

Frequently Asked Questions About Strategic Planning

How is Strategic Planning different from Pre-Planning?

Strategic Planning is planning now to preserve and protect assets from long term care costs. Pre-Planning is about being prepared for potential incapacity and being prepared for your passing.

Isn’t Strategic Planning just for rich people?

If you have assets over $250,000 and/or a home it may be a good idea to consider some Strategic Planning.

How much will Strategic Planning cost?

Strategic Planning and protecting assets from long term care costs can range from $5,500 to $30,000, depending on your assets and how they are held and how much you want to protect.

How often will I need to update my estate plan?

Making sure you are compliant with rules laid out by state and federal agencies, it is very important to review your plan annually. Our Firm offers an annual Medicaid Protector Program that will help you protect assets and be ready for long term care benefits.

What and who is involved in Strategic Planning?

When Strategic Planning for your estate it is best to involve an attorney that specializes in Medicaid and VA Planning. You will be involved in the Strategic Planning and determining who you want to help handle your estate while getting prepared for a possible long term care situation. These individuals can be family members, friends, or professionals who have a certain skill set to handle your affairs.