Have you ever thought about Medicaid Planning? What is Medicaid Planning and is it right for you?
I chatted with Cathy Sikorski, Esq., an elder law attorney, speaker and caregiver, about the intricacies and details regarding Medicaid Planning and who it is a good fit for, and for those who should look into other options.
In this episode we covered:
🔹 The issue of giving away assets to qualify for Medicaid coverage for long-term care
🔹 Government examination of financial history for the past five years
🔹 Warning against mistakes and importance of consulting experts
🔹 Being prepared and exploring other options
🔹 Choosing the right facility and considerations for Medicaid Planning
🔹 Implications of relying on Medicaid for care
🔹 Estate recovery and partnership programs in reciprocity
🔹 Keeping assets and not needing to spend them down before qualifying for Medicaid
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Watch this episode on YouTube: https://youtu.be/akNGzvAyRss
#LongTermCare #FinancialPlanning #SteadfastCarePlanning #MedicaidPlanning #PlanningForCare
For additional information about Kelly, check her out on Linkedin or www.SteadfastAgents.com.
To explore your options for long-term care insurance, click here.
Steadfast Care Planning podcast is made possible by AMADA Senior Care and Steadfast Insurance LLC.
Come back next time for more helpful guidance!
