Life Estates

You've Earned The Right To Stay In Your Own Home

As people retire and age, concerns about staying in their family home can become a major worry. Losing a home and other assets to the government because of Medicaid expenses and the costs of long-term care is a cruel result that can be avoided.

If you are a senior citizen or an adult child of an elderly parent, it may be time to talk to an experienced attorney about a life estate plan. A life estate plan allows a senior to transfer legal title and control of real estate while retaining the right to live in the home for the remainder of his or her lifetime. In the event of high Medicaid or Medicare expenses, the house cannot be seized by the government for payment.

A Life Estate Plan Lets You Protect Your Assets From Medicaid Costs

Morris, Downing & Sherred has been helping senior citizens remain in their homes and protect their financial future for more than a century. We understand the needs and concerns that clients have about losing their home to the state or federal government.

The attorneys of Morris, Downing & Sherred offer their clients professional, customized estate planning services. We believe that clients deserve to know that their attorney cares about finding the right solution, the first time. We have served clients throughout the greater New Jersey area for more than 100 years. We know how important our senior citizens are to our community.

Experience. Dedication. Results.
Contact Morris, Downing & Sherred

Contact us to talk about a life estate plan with a Morris, Downing & Sherred attorney today.