Medicaid Planning

Medicaid pays for 63% of America’s long term care expenses.  Many people think that Medicaid is a health insurance program like Medicare, but it is not.  When a senior uses Medicaid to pay his care bills, Medicaid counts and records every dollar spent on the Medicaid recipient.

Following the Medicaid recipient’s death, Medicare will place a lien on the recipient’s estate for every dollar that Medicaid spent during life, through a program called Medicaid Estate Recovery.  Medicaid Estate Recovery can cause the family to lose the senior’s home and other valuable assets.

Medicaid planning allows a senior, who may need to use Medicaid for nursing home or other medical care expenses,  to protect valuable assets, and to preserve more of the senior’s estate for the senior’s chosen beneficiaries.

For more detailed information about Medicaid planning, please click on the following links:

• HOW CAN MEDICAID PLANNING HELP TO PROTECT MY ASSETS? (video)
• SAVING YOUR HOME FROM ESTATE MEDICAL CREDITORS (video)
• USING RIGHT OF SURVIVORSHIP DEEDS TO PROTECT HOMES AGAINST MEDICAID ESTATE RECOVERY AND MEDICAL ESTATE CREDITORS IN NORTH CAROLINA (article)
• SAVING THE SENIOR’S HOME FROM MEDICAID ESTATE RECOVERY AND MEDICAL ESTATE CREDITORS (article)
• PROTECTING YOUR ASSETS WITH THE STEP APT ASSET PROTECTION TRUST (article)
• USING A MAPT TO PROTECT A HOME WITH A MORTGAGE FROM MEDICAID ESTATE RECOVERY (article)
• HOW TO PROPERLY USE A CARE AGREEMENT TO COMPENSATE FAMILY CAREGIVERS (article)
•  HOW TO USE A MEDICAID PROMISSORY NOTE TO SHELTER ASSETS FROM MEDICAID (article)
•  HOW TO USE A MEDICAID COMPLIANT ANNUITY TO QUALIFY AN ILL SPOUSE FOR MEDICAID (article)
•  HOW A SPECIAL NEEDS TRUST WORKS TO PROTECT SENIORS OR SPECIAL NEEDS BENEFICIARIES (article)
• HOW A CAREGIVER CHILD OR A SIBLING CAN SAVE A SENIOR’S HOME FROM MEDICAID ESTATE RECOVERY (article)