Chayet & Danzo, LLC

Description

Colorado Attorneys as Consulting Counsel and Co-Counsel in Personal Injury Cases When a personal injury case or workers' compensation claim is settled or litigated for a client who is either on Medicaid, Medicare or expected to become Medicaid/Medicare-eligible within 30 months, there are a number of complex issues that must be resolved. In order to protect the financial interests of vulnerable clients' while ensuring their eligibility for public benefits and settling their claims, personal injury and workers compensation attorneys should consult with the knowledgeable estate planning and elder law attorneys at Chayet & Danzo, LLC Link to ensure an appropriate and fair settlement for their clients. We provide consultation and co-counsel services to personal injury law firms with incapacitated clients. Our elder law attorneys routinely analyze public and private benefits programs. They are familiar with the tax and legal considerations arising under disability and public benefits law and have in-depth understanding of Medicare set-aside requirements, Medicaid eligibility, Disability Trusts, Colorado Rule of Probate Procedure 16 petitions, and qualified settlement funds.

At Chayet & Danzo, LLC , we offer legal advice and counsel to individuals who are interested in starting a business. Business planning decisions impact your business's taxes, your personal taxes, and how your business will operate day-to-day. We listen to our clients' needs and goals before developing a plan for formation and growth of the business. We aim to provide all our clients with cost-effective legal advice. Comprehensive Business Planning Services Our attorneys provide experienced legal advice throughout the life of your business. We advise clients on planning decisions such as entity choice. We explain the differences between and the benefits of choosing incorporation, an S corporation, a C corporation, or an LLC. Our firm provides counsel and representation when business owners are interested in selling their business.

The law office of Chayet & Danzo, LLC, is dedicated to helping individuals, families, and businesses protect their assets and their loved ones. We have the resources and experience to assist with estate planning and asset protection, elder law and legacy planning, real estate and business law.

At Chayet & Danzo, LLC, we are dedicated to providing the highest quality legal services in a cost-effective manner to all our clients. We believe in combining the experience and personal attention of our principal attorneys, with the assistance of well-qualified associate attorneys and paralegals, to every project.

Special Needs Trusts and Medicaid - Avoiding Impoverishment As in most areas of life, planning early can help you avoid difficulties later. While Medicare can be used to pay for short-term care, medical conditions involving long-term care needs require Medicaid. However, in order to qualify for Medicaid, certain income requirements must be met. Consequently, people in need of long-term care benefits through Medicaid, must often spend down their assets and become impoverished before qualifying. A special needs trust can help you avoid impoverishment while qualifying for Medicaid benefits. In creating a special needs trust, you can either transfer assets or set aside savings that are then exempt from consideration by Medicaid. Special Needs Trusts that Stand the Test of Time When setting up a special needs trust, AB trust, or Q-tip trust, it's important to create checks and balances to ensure a trust is administered appropriately. Determining whom to select as a trustee, how to plan for the transfer of trusteeship, and what can be done to ensure fiduciary responsibility is maintained, require knowledge of the law, the tax code, and corporate trustees.

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