What do I need for asset protection and Medicaid planning?
If you're not mentally competent to do Medicaid planning yourself, the first thing you'll need is a well-written power of attorney giving your agent legal authority and ability to engage in various Medicaid planning techniques. If someone doesn't have that power of attorney, they will have to get a guardianship over you, if you're not mentally competent, and seek the court's permission in order to do Medicaid planning.
