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). 

New York Estate Planning & Elder Law Blog - Medicaid Applications

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