“Advisor Alert: Learning Medicaid Planning Can Keep You From Getting Sued”

Advisor Alert: Learning Medicaid Planning Can Keep You From Getting Sued,” MedicaidPlanning.org

“Every legal or financial advisor who works with seniors exposes themselves to LTC Medicaid eligibility malpractice from failing to understand how the advice that they give impacts or hinders Medicaid eligibility. Bad advice can have negative consequences. If those consequences cause the person receiving advice to be adversely affected, the legal or financial advisor can be sued and held accountable for the damage they caused.”

 

LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform):

This appears to be a new organization dedicated to promoting Medicaid planning by threatening advisors with legal liability. The true liability, however, is promoting dependency on a bankrupt welfare program instead of encouraging responsible long-term care planning.