“Using Estate Planning to Prepare for Medicaid,”ElderLawAnswers

Quote:

“Long-term care involves not only a loss of personal autonomy; it also comes at a tremendous financial price. Proper planning can help your family prepare for the financial toll and protect assets for future generations.”

 

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

According to this article, estate planning for long-term care includes irrevocable trusts, Medicaid-friendly annuities, and hiding the home from Medicaid estate recovery, but not long-term care insurance. How can private insurance compete with that? Are you supporting the Center for Long-Term Care Reform, the strongest organization fighting for responsible LTC planning and against Medicaid planning abuses? If not, join us today here.