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Tag Archives: Medicaid Planning
Are Trusts a Good Way to Overcome Medicaid Income Limits?
Many people will prepare a comprehensive estate plan as well as essential medical documents, but overlook the importance of preparing for the possibility of long-term nursing home care. The average daily cost for nursing home care in Florida is now $293.33, or approximately $8,800 per month. The Medicaid Institutional Care Program (ICP) can be… Read More »
When Medicaid Planning and Asset Protection Goes Wrong
With people generally living longer, healthier lives, distant from established family and friends, many do not have a support system in place in the event of a serious medical situation. Unfortunately, seniors are often lured by mailings and advertisements related to financial planning and long-term care planning, frequently sent by insurance agents, Medicaid planners,… Read More »
