Medicaid Planning

Obtain Medicaid benefits while preserving your hard-earned assets.

You don't have to lose your life savings paying the nursing home.

With Medicaid planning, you can achieve financial relief from the high monthly bill.

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What Is Medicaid Planning?

Medicaid planning is the legal rearranging of one's assets to comply with the Medicaid program and obtain eligibility for benefits in a nursing home or other qualified long-term care setting. The goal of Medicaid planning is to protect assets that would otherwise be subject to the Medicaid spend down, but still qualify for financial assistance in paying for care. There are several ways to conduct Medicaid planning, including the use of tools like a Medicaid annuity.

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Considering the Medicaid program's strict asset rules, it's crucial to work with an experienced planner in these situations. Any mishandling of assets could result in a penalty period of ineligibility or the inability to qualify for Medicaid at all. Our Medicaid planners work across the country and are familiar with state-specific nuances and planning strategies.

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Who's a Good Candidate for Medicaid Planning?

Medicaid planning isn't right for everyone, but if your spouse, parent, or other loved one is in the following situation, we can help.

  • Already residing in or about to enter a nursing home or other long-term care facility that accepts Medicaid
  • Will likely require long-term care indefinitely
  • Owns assets such as bank accounts, retirement accounts, property, or other items in excess of Medicaid's limitations
  • Has been told the only way to gain financial assistance is to keep spending asset on the cost of care

Don't wait until the next nursing home bill arrives.

Explore More Medicaid Planning Topics

Medicaid
Planning
An Introduction to Medicaid
Medicaid Asset Requirements
Medicaid
Myths