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Richard Schulze JD, MBA

Schulze Law Group

Richard Schulze JD, MBA

Schulze Law Group

Richard Schulze JD, MBA

Schulze Law Group

Richard's practice emphasizes Elder Law, tax, and estate planning for individuals. After receiving his bachelor of art degree from Reed College in Portland, Oregon, Richard pursued his graduate education at Willamette University in Salem, Oregon receiving his Doctor of Jurisprudence and Master of Business Administration.

Rich's commitment to his clients combines a mastery of the technical and practical aspects of the law with a hands-on, caring approach to addressing client?s unique goals and objectives.
A widely acclaimed speaker, Rich is a frequent lecturer to the public on estate, Medicaid, business, asset protection and tax planning matters and is a recognized expert by local radio and television news programs. He also is committed to giving back to the legal professionals throughout Nevada and the country.

Richard lives in Carson City with his wife and two young daughters. He enjoys hiking with his two Labradors and enjoys working on his classic Chevy in his free time. Richard is a member of the National Academy of Elder Law Attorneys and WealthCounsel, LLC.

Firm Description

We help families who fear losing their life savings to the uncertainties of life or the devastating costs of long-term care.  We eliminate the fear caused when losing a loved one to illness or death by compassionately partnering with you and providing needed guidance and support. 

We bring a practical knowledge of the issues confronting our clients that allows us to both understand and compassionately disregard the myths relating to aging. We take into account and empathize with the true physical and mental realities that often accompany the aging process but understand that these do not define the person. Each of us has lost a parent or loved one and understand your fears and the issues you and your family may be facing.

While our skills and experience are important, what matter most to our clients is that we listen and we care.  We strive to understand what keeps you up at night and we have the skills, training and ability to use all the tools available to us to create a plan providing for your long-term peace of mind.  We have been where you are now and understand what keeps you up at night.

Hours

Day From To
Monday 9:00 AM 5:00 PM
Tuesday 9:00 AM 5:00 PM
Wednesday 9:00 AM 5:00 PM
Thursday 9:00 AM 5:00 PM
Friday By Appointment Only

Cost

What Is an Elder Law Attorney?

Main Office

140 West Huffaker Lane
Suite 510
Reno, NV 89511

On the web

View Firm Website


Medicaid 101
What Medicaid Covers

In addition to nursing home care, Medicaid may cover home care and some care in an assisted living facility. Coverage in your state may depend on waivers of federal rules.

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How to Qualify for Medicaid

To be eligible for Medicaid long-term care, recipients must have limited incomes and no more than $2,000 (in most states). Special rules apply for the home and other assets.

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Medicaid’s Protections for Spouses

Spouses of Medicaid nursing home residents have special protections to keep them from becoming impoverished.

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What Medicaid Covers

In addition to nursing home care, Medicaid may cover home care and some care in an assisted living facility. Coverage in your state may depend on waivers of federal rules.

READ MORE
How to Qualify for Medicaid

To be eligible for Medicaid long-term care, recipients must have limited incomes and no more than $2,000 (in most states). Special rules apply for the home and other assets.

READ MORE
Medicaid’s Protections for Spouses

Spouses of Medicaid nursing home residents have special protections to keep them from becoming impoverished.

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Medicaid Planning Strategies

Careful planning for potentially devastating long-term care costs can help protect your estate, whether for your spouse or for your children.

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Estate Recovery: Can Medicaid Take My House After I’m Gone?

If steps aren't taken to protect the Medicaid recipient's house from the state’s attempts to recover benefits paid, the house may need to be sold.

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Help Qualifying and Paying for Medicaid, Or Avoiding Nursing Home Care

There are ways to handle excess income or assets and still qualify for Medicaid long-term care, and programs that deliver care at home rather than in a nursing home.

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Are Adult Children Responsible for Their Parents’ Care?

Most states have laws on the books making adult children responsible if their parents can't afford to take care of themselves.

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Applying for Medicaid

Applying for Medicaid is a highly technical and complex process, and bad advice can actually make it more difficult to qualify for benefits.

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Alternatives to Medicaid

Medicare's coverage of nursing home care is quite limited. For those who can afford it and who can qualify for coverage, long-term care insurance is the best alternative to Medicaid.

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ElderLaw 101
Estate Planning

Distinguish the key concepts in estate planning, including the will, the trust, probate, the power of attorney, and how to avoid estate taxes.

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Grandchildren

Learn about grandparents’ visitation rights and how to avoid tax and public benefit issues when making gifts to grandchildren.

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Guardianship/Conservatorship

Understand when and how a court appoints a guardian or conservator for an adult who becomes incapacitated, and how to avoid guardianship.

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Health Care Decisions

We need to plan for the possibility that we will become unable to make our own medical decisions. This may take the form of a health care proxy, a medical directive, a living will, or a combination of these.

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Estate Planning

Distinguish the key concepts in estate planning, including the will, the trust, probate, the power of attorney, and how to avoid estate taxes.

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Grandchildren

Learn about grandparents’ visitation rights and how to avoid tax and public benefit issues when making gifts to grandchildren.

READ MORE
Guardianship/Conservatorship

Understand when and how a court appoints a guardian or conservator for an adult who becomes incapacitated, and how to avoid guardianship.

READ MORE
Health Care Decisions

We need to plan for the possibility that we will become unable to make our own medical decisions. This may take the form of a health care proxy, a medical directive, a living will, or a combination of these.

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Long-Term Care Insurance

Understand the ins and outs of insurance to cover the high cost of nursing home care, including when to buy it, how much to buy, and which spouse should get the coverage.

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Medicare

Learn who qualifies for Medicare, what the program covers, all about Medicare Advantage, and how to supplement Medicare’s coverage.

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Retirement Planning

We explain the five phases of retirement planning, the difference between a 401(k) and an IRA, types of investments, asset diversification, the required minimum distribution rules, and more.

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Senior Living

Find out how to choose a nursing home or assisted living facility, when to fight a discharge, the rights of nursing home residents, all about reverse mortgages, and more.

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Social Security

Get a solid grounding in Social Security, including who is eligible, how to apply, spousal benefits, the taxation of benefits, how work affects payments, and SSDI and SSI.

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Special Needs Planning

Learn how a special needs trust can preserve assets for a person with disabilities without jeopardizing Medicaid and SSI, and how to plan for when caregivers are gone.

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Veterans Benefits

Explore benefits for older veterans, including the VA’s disability pension benefit, aid and attendance, and long-term care coverage for veterans and surviving spouses.

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