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What is medicaid planning?

“Medicaid planning is talking to individuals about nursing home care. Medicaid will pay for nursing home care if an individual is a certain age and if they are disabled. So we talk to clients about how to get individuals qualified for Medicaid. We look at their financial situation. We make recommendations about how to spend down their assets appropriately. They may need trusts set up. There is a lot of planning tools that we can use to help get them qualified for Medicaid quicker than they would be able to on their own and with less hiccups.”

 

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