Medicaid Strategies
Having to place a loved one in a nursing home is an emotionally wrenching experience. To make matters worse, confusion often reigns supreme when navigating the Medicaid application process. Well-meaning family, friends and even professional advisers may give conflicting or incomplete advice causing families to needlessly lose their property and assets.
By planning ahead, you can easily protect all of your assets from the high costs of long-term care, either through the use of long-term care insurance (LTCI) or, where you do not qualify for LTCI, by setting up a Medicaid Asset Protection Trust (MAPT).
By planning ahead, you can easily protect all of your assets from the high costs of long-term care, either through the use of long-term care insurance (LTCI) or, where you do not qualify for LTCI, by setting up a Medicaid Asset Protection Trust (MAPT).
- Medicaid Asset Protection Trusts
- Long-Term Care Insurance v. Medicaid Asset Protection Trust
- Medicaid Exempt Assets
- Applying for Medicaid
- Medicaid Annuities to Protect Assets
- Spousal Refusal - "Just Say No"
- Protecting Half on the Nursing Home Doorstep: The "Gift and Loan" Strategy
- Protecting Assets with Caregivers Agreements
New York Elder Law Attorney Blog - Medicaid Applications
- Paying for Skilled Nursing Care: Medicare & Medicaid Confusion often reigns when one learns that a family member will likely need long-term skilled care. Finances are always an issue. With the average ....
- New York Elder Law Attorney Explains "Common Sense" of Protecting Assets from Elder Care Yesterday our New York elder law attorney Bonnie Kraham Esq., had another article published in the Times Herald-Record. In the piece Attorney Kraham ....
- The "Conversation Project" -- Making Elder Care a Social Movement The New York Times published a blog post last week on a new effort called the "Conversation Project" seeking to make long-term care planning a ....