Tag: Medicaid planning

Medicaid Planning Tips for Seniors and Their Families

When we talk about Medicaid planning, many people think that this is something that only needs to be considered for underprivileged people.  Quite the opposite is true.  Medicaid planning, sometimes also referred to as long-term care planning, is important for anyone that is going to need long-term care.  It is especially important for family members… Continued

Talk to Your Parents About Their Financial Plans

Most older adults come from a generation that believes certain financial matters are best kept private.  In many cases, your parents may have met with an attorney or financial advisor and tell you that ‘everything is handled.’  It may even be awkward to talk to your parents about financial plans.  However, the guidance they received… Continued

Medicaid Planning is not Estate Planning

Does your estate plan protect assets from long-term care costs? Does it include a strategy for long-term care?  Many people think that if they’ve done an estate plan, they have covered long-term care or Medicaid planning issues.  Nothing could be further from the truth. Medicaid planning is not estate planning and you’ll need an Elder… Continued