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Unlocking the Secrets of Medicaid Planning and Asset Protection with Todd Whatley
- 2025/01/05
- 再生時間: 35 分
- ポッドキャスト
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サマリー
あらすじ・解説
Todd Whatley, Certified Elder Law Attorney with Generations Legal Group explains how Medicaid really is an option for almost everyone seeking to pay for long term care. This episode addresses the crucial topic of Medicaid planning and the misconceptions surrounding it. We discuss how proper planning can protect assets for long-term care, with a focus on understanding the rules of Medicaid to benefit families facing aging challenges.
• Understanding Medicaid and its application for long-term care
• Dispelling myths about wealth and Medicaid eligibility
• The importance of early planning for future care needs
• Strategies for married couples to protect assets
• Exempt assets that do not affect Medicaid eligibility
• The potential of irrevocable trusts in asset protection
• Real-life examples illustrating planning outcomes
• Emphasizing the role of expert guidance in navigating Medicaid rules
• The risks of waiting to plan and financial implications if delayed
Information to help you answer all of your questions about aging.