Manhattan Public Benefit Preservation Lawyers Maintaining Your Quality of Life
Public benefit preservation is an important part of the legal process for those who rely on public benefits to maintain a quality of life. With the right care and protection, these benefits can help ensure that vulnerable people in society are able to get the care they need. However, navigating the various rules and regulations can be complex, making it difficult for individuals to find adequate legal aid. This is where experienced public benefit preservation attorneys come in.
A skilled Manhattan public benefit preservation attorney can help clients understand their rights and develop a plan to protect their benefits. We can provide advice on how to apply for and appeal denials of benefits, as well as advise on how best to navigate local or state laws when it comes to preserving public benefits. An experienced attorney from our law firm will also be knowledgeable about state-specific restrictions or requirements that may affect eligibility or access to certain funds.
With the Law Offices of Vlad Portnoy P.C. on your side, you can feel confident in your ability to preserve your public benefits and make sure you are getting access to the resources you need. From guidance throughout the application process to representing you if denied a benefit, our law firm is prepared to give you invaluable assistance throughout this process. Contact our law firm today at 516-518-8586 to schedule your initial consultation.
What Public Benefits Do Many People Rely On?
Public benefits are a vital part of many people’s livelihoods and often provide essential services that can help individuals and families stay afloat financially. Some of the most common public benefits include social security, Medicare and Medicaid, supplemental security income, unemployment insurance, and temporary assistance for needy families.
Social Security is an important source of income for retirees who worked for at least 10 years or more during their careers. It also provides survivor benefits to widows or widowers who were married for at least nine months; children who are under 18 years old; and disabled workers whose disability began before or within seven years after their marriage ended.
Medicare & Medicaid
Medicare helps cover medical expenses for individuals who are 65 or older or disabled. Medicaid is a health insurance program that assists low-income people in paying medical bills. It is jointly funded by the federal government and individual states, making it one of the largest sources of funding for medical care in the United States.
Supplemental Security Income
Supplemental Security Income pays monthly cash benefits to elderly people aged 65 or above, as well as blind and disabled individuals, based on their financial needs. People who qualify may receive extra money to make ends meet if they have limited income or resources available to them.
Unemployment Insurance provides temporary financial assistance to qualified unemployed workers while they look for new employment opportunities.
Temporary Assistance for Needy Families
TANF helps families with children get back on their feet financially by providing cash assistance and other services such as job training and education services.
Public benefits play an essential role in providing financial stability to millions of Americans every year, so many rely heavily on these programs when faced with life’s hardships. Our public benefit preservation attorneys can help ensure that these benefits continue for those who depend on them greatly.
What is Public Preservation Planning?
Public benefits preservation planning is a crucial process that ensures you can retain your public benefits, even if you become ineligible for them due to changes in your financial or personal circumstances. This type of planning typically involves the use of trusts and other legal documents to safeguard your assets while maintaining your eligibility for benefits such as Supplemental Security Income (SSI), Medicaid, and other government assistance programs.
How Can I Retain My Public Benefits When I’m No Longer Eligible?
One of the most effective tools for public benefits preservation planning is the establishment of a Special Needs Trust (SNT). An SNT is designed to hold assets on behalf of an individual with disabilities without affecting their eligibility for public assistance. The trust can be used to pay for supplemental needs not covered by government benefits, such as education, transportation, and recreational activities.
It’s also essential to have a well-drafted estate plan in place to ensure that any inheritance or gifts you receive do not disqualify you from receiving public benefits. A properly structured estate plan can include provisions that direct assets into an SNT or other trust structures, allowing you to maintain your benefits eligibility.
In addition to trusts, public benefits preservation planning may also involve strategies such as income planning, asset transfers, and the use of annuities to convert countable assets into income streams that do not affect benefits eligibility.
To develop a comprehensive public benefits preservation plan tailored to your specific needs, it’s crucial to consult with a knowledgeable attorney from our law firm who focuses on this area of the law. We can help you navigate the complex rules and regulations surrounding public benefits and create a plan that maximizes your financial security while preserving your access to essential government assistance.
What Does a Public Benefit Preservation Lawyer Do?
Public benefit preservation lawyers focus their time and energy on creating detailed strategies for those who need to retain their public benefits. Need to qualify for Medicaid? Want your special needs child to continue getting government benefits? Public benefit preservation strategies can help. However, this planning needs to be meticulous, with no holes that can be used by the government to take away benefits.
The lawyers from our law firm are highly knowledgeable about all of the rules and regulations related to public benefit programs, such as Social Security Disability Insurance (SSDI), Supplemental Security Income (SSI), and Medicaid. We use this knowledge to create strategies that keep the client’s public benefits safe. This can include creating legal trusts, engaging in gifting, transferring assets, or setting up an irrevocable trust. A lawyer from our team will work closely with you to determine which strategy is best for you and your family members. When hiring a public benefit preservation lawyer, you should seek out the Law Offices of Vlad Portnoy P.C. Contact our team today at 516-518-8586 to set up your initial consultation.