Law Office of Whitney L. Thompson Advocates for Medicaid & Inheritance Planning to Prevent Financial Pitfalls
USA News April 03, 2025
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Houston, TX – 03/31/2025 – The Law Office of Whitney L. Thompson, PLLC, based in Houston, is calling attention to the critical importance of comprehensive Medicaid and inheritance planning. In a newly released article, the firm discusses the potential financial pitfalls that can arise when individuals inherit assets while receiving Medicaid benefits and offers strategic insights to help clients protect their inheritances. One of the key questions addressed is how do I protect my inheritance from Medicaid.
“When it comes to estate planning, many people overlook the intersection of Medicaid eligibility and inheritance,” said Whitney L. Thompson, founder of The Law Office of Whitney L. Thompson, PLLC. “Without careful planning, receiving an inheritance can inadvertently impact Medicaid benefits, leading to unexpected financial burdens. Our goal is to educate our clients on these potential pitfalls and provide strategies to navigate them.”
The article outlines key considerations for individuals and families, including the implications of asset transfers, the timing of inheritances, and the significance of establishing trusts to safeguard assets. The firm emphasizes the need for personalized planning to align with each individual’s unique situation and long-term goals.
Whitney L. Thompson and her experienced team are dedicated to ensuring that clients have a clear understanding of their options and the necessary steps to take to preserve inheritances while maintaining Medicaid eligibility. The firm encourages proactive planning to prevent detrimental financial consequences for individuals and their families.
About The Law Office of Whitney L. Thompson, PLLC: Founded in Houston, The Law Office of Whitney L. Thompson, PLLC, focuses on estate planning, elder law, and Medicaid planning. With a commitment to providing personalized legal services, the firm aims to empower clients to make informed decisions about their financial futures.
Contact:
The Law Office of Whitney L. Thompson, PLLC
4201 FM 1960 Road West, Suite 360
Houston, Texas, 77068
Phone: (281) 214-0173
Website: www.wthompsonlaw.com
