Keith Lyman

Attorney · Washburn University School of Law

Keith R. Lyman has been a partner with the law firm of Frazer, Ryan, Goldberg & Arnold LLP since 2008. As an estate planning attorney, Mr. Lyman focuses his practice on estate planning and long-term care planning, including Medicaid eligibility and asset protection, along with the use of special needs trusts. Before moving to Arizona, Mr. Lyman practiced law in Indiana for 27 years with a practice focused on estate planning and long-term care planning.

Mr. Lyman graduated from Washburn University School of Law in 1977, and is licensed to practice law in Kansas, Indiana, and Arizona. He is also a member in good standing of the Arizona State Bar Association and the National Association of Elder Law Attorneys.

Mr. Lyman is the author of Teach Yourself Estate Planning in 24 Hours, published by Pearson Education, a division of Macmillan Publishing, and The Strategy of Long-Term Care – How Middle and Upper Middle Class America Qualifies for Medicaid, published by Brooke-Matthews Publishing Co., Inc. He is also the technical editor of The Complete Idiot’s Guide to Wills and Estates, published by Pearson Education, and technical editor of Personal Financial Planning Guide, also published by Pearson Education.

Mr. Lyman has also been a national speaker for Professional Education Systems, Inc. (PESI) and the National Business Institute, and also conducts legal education programs through the Maricopa County Bar Association and other organizations.

Articles By Keith Lyman

Using Self-Settled Special Needs Trusts When You Have Too Many Assets for Medicaid
An applicant who has more resources than are allowed by Medicaid can use a self-settled special needs trust to become eligible for Medicaid.
Are Revocable or Irrevocable Living Trusts Useful in Qualifying for Medicaid?
Most trusts, even irrevocable ones, won’t work to qualify a person for Medicaid.
Using a Medicaid Special Needs Trust When You Have Too Many Assets to Qualify
Special needs trusts, which are also sometimes called special treatment trusts or special purpose trusts, are designed to hold assets that can be used for the benefit of someone who is receiving Me
Using Annuities in Medicaid Long-Term Care Planning
When one spouse has to go into a nursing home, couples can save assets from Medicaid by purchasing an immediate annuity.
How Income Trusts Help If Your Income Is Too High for Medicaid
Income trusts are a type of special purpose trust that can be helpful to Medicaid applicants in states that have a set income limit for qualifying for Medicaid.
Safe Ways to Spend Down Your Assets to Qualify for Medicaid
Many individuals who apply for Medicaid find that they have too many assets to qualify.
What Will Happen if Medicaid Says I Transferred My Assets to Qualify for Benefits?
Medicaid can withhold eligibility for months or even years if you transferred assets within five years of applying for Medicaid coverage of long-term care.
How Can I Safely Transfer My Assets to Get Medicaid to Pay for Long-Term Care?
While Medicaid finances most long-term care in this country, Medicaid is supposed to be "the payer of last resort" when it comes to long-term care.
Retitling Assets When a Spouse Needs Medicaid to Pay for a Nursing Home
When a spouse faces the need for nursing home care, the couple should consider retitling assets to prepare for Medicaid eligibility. This article explores how and why assets should be retitled.
Medicaid Planning That Won't Work: Asset Transfers That Incur a Medicare Penalty
Medicaid will pay for nursing home care only for those with limited assets and will penalize those who give away assets to qualify for Medicaid.