When it comes to long-term care, planning ahead can make the difference in preserving significant assets for your family while qualifying for the Medicaid benefits that most families rely on for nursing home care. For many people, the home is one of the biggest assets owned and one that most people wish to protect in the event nursing home care is required. This presentation will discuss how Chronic Medicaid (which covers nursing home care) treats homes and the options that can protect the home. Options to be covered include gifting, selling, deeds with life estate and irrevocable trusts. Presented by Dennis O’Connor, Esq. (McPhillips, Fitzgerald & Culllum)
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