#nursing home costs

2 stories

#long-term care planning #medicaid #asset protection #caregiver agreements #caregiving contracts #durable power of attorney #elder care #elder law #estate recovery #family caregiving #financial planning #five-year lookback

The $60,000 caregiving mistake Medicaid won't forgive
Paying family to provide care is allowed, but without the right paperwork, Medicaid treats every dollar as a disqualifying gift.
24/7 Wall St. · 2m
The house trap: why Medicaid can claim your home
A paid-off house looks protected until a stroke hits. Then the state can recover hundreds of thousands from your estate.
24/7 Wall St. · 2m