Wills and Trusts
Fiduciary and Trust Litigation
Medicaid Asset Protection Planning
Special Needs Planning
Our team works as one to give you the best legal solution
Denis P. Rischard
Rischard & Associates is a service-oriented law firm that provides Elder Law and Estate Planning legal counseling and advocacy. Located on the 11th floor at 101 Park Avenue (in the B. C. Clark building, across the street from the Skirvin Hotel), we are proud to be part of the city’s vibrant and thriving downtown.
Director of Operations
Paralegal and Funding Coordinator
Client Services, Education and Outreach
Denis P. Rischard, Esq.
Denis P. Rischard is the Senior Partner at Rischard & Associates, PLLC, and the founder of Oklahoma Disability Elder Law Advocates (ODELA). With over thirty years’ experience practicing law in Oklahoma, he is a respected member of the Oklahoma City legal community.
As a member of the National Academy of Elder Law Attorneys, Elder Counsel, and Lawyers With Purpose, Mr. Rischard has developed a network of resources that enables him to provide cutting-edge legal services to seniors, those with special needs, and their families. He is well-versed in planning strategies that enable his clients to qualify for or maintain their eligibility for government benefits while protecting their hard-earned assets from the potentially devastating costs of long-term care. His primary emphasis is to assist his clients in understanding and obtaining well-suited planning options that afford them peace of mind and an exceptional “legal service” experience.
Mr. Rischard is a member of the Oklahoma Bar Association as well as other local bar and professional organizations and is admitted to practice before all federal and state courts in Oklahoma, as well as the United States Court of Appeals for the Tenth Circuit and various federal courts in other states. He has tried multiple jury and non-jury cases and has served as a barrister in the American Inn of Courts, all of which support his fiduciary and estate litigation practice.
Mr. Rischard is an Oklahoma City native and a graduate of Mount St. Mary Catholic High School. He received his undergraduate degree in Business Administration from the University of Notre Dame in 1983 and his law degree from the University of Oklahoma in 1986. He and his wife, Susie, have been married for over three decades and have nine children. They are actively involved in the parish at St. Eugene Catholic Church and can often be found in the bleachers at various middle and high school basketball games around the city and state.
Elder law attorneys protect clients' assets, family legacies
by Paula Burkes
Published: Fri, March 29, 2019
Denis Rischard is the founder and senior partner at Rischard & Associates.
For what reasons should the elderly plan to “protect their stuff," and what are common reasons they don’t?
Second question first. People typically don’t plan to protect their assets because they don’t want to think about their mortality and because they don’t fully comprehend the very good reasons it makes too much sense to do so, i.e., they’re afraid, and they don’t understand. Everyone is going to die, and many of us will become sick, if not very sick, before dying. We all, particularly those who have reached their “golden years," need to have a plan for what happens to our “stuff” should we get sick and when we die.
What are some situations where people who become very ill can benefit from asset protection planning?
Most every one of my elderly clients has preferred to live at home and avoid having to reside in a nursing home. Sometimes that’s just not possible. (For example, those suffering from the devastating effects of a severe stroke, those with serious memory issues, e.g. Dementia or Alzheimer’s.) When long-term care is one’s best, if not only, viable option, there are government-authorized planning tools, techniques and strategies that enable people to protect their assets from the otherwise potentially devastating nursing home costs and other long-term care options.
What are some examples of these asset protection planning techniques?
If a person were to have a debilitating stroke and, after the Medicare-covered rehabilitation period, was unable to return home, the “crisis” of how to pay for a projected extended stay in a long-term care facility (nursing home) can be addressed, for instance, by seeking to qualify the stroke victim for Medicaid Long-Term Care benefits, or perhaps VA Pension Aid & Attendance benefits, utilizing various gifting, annuity and spend down techniques that “Elder Law” attorneys commonly use to protect their clients’ assets and family legacies.