Medicaid Applications and Long Term Care (LTC) Planning
The high cost of nursing home and other forms of elder care and how to pay for it are critical issues facing our seniors and their families. Nursing home care and assisted living facilities are very expensive and can easily deplete hard-earned savings. Planning ahead when you are healthy can help you control your financial affairs in the event you need long-term nursing home care in the future. You and your family will be better able to manage expectations, face the facts about long term care, and have peace of mind.
This type of planning is very complex and involves a hard look at your assets, potentially a medicaid application for which eligibility requirements must be met, family circumstances, and potential future needs. I take you through a potential medicaid application and provide as complete an asset plan as possible, that is understandable and carefully designed to help you, your spouse and other family members cope with future needs.