WTOB FM/AM Radio in Winston-Salem, NC interviews elder, special needs, and estate planning attorney Vance Parker about using a Medicaid Compliant Annuity (protected by federal law), to shelter assets when applying for Medicaid. When applying for Medicaid coverage of nursing home, assisted living, or home care expenses, it may be necessary to make assets non-countable in order to meet Medicaid’s strict applicant asset restrictions.
The Medicaid Compliant Annuity (MCA) technique may be particularly useful for making assets non-countable within retirement accounts.
Vance talks with WTOB Radio every Tuesday at 4:38 pm, educating the public about elder and special needs law, and estate planning topics.