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As we get older, the realities of what it takes to plan for long-term care sets in. But as people start to realize how complicated the process can be, they wait too long and run out of time. This leads to difficulties trying to secure the funding they need for their loved ones or themselves.
In part two of this mini-series, David Pulcini and attorney Ken Kraus continue their discussion about Medicaid and long-term care planning. David and Ken take a closer look at exactly what you should be doing to proactively protect your assets and ensure your loved ones get the care they need.
David and Ken discuss:
- Understanding the often complicated eligibility rules when applying for Medicaid and long-term care
- The initial three steps you might not know about when it comes to Medicaid planning
- The difference between your exposed and exempt assets, and how that is key to finding out what exactly is protected
- A quick look into what the Medicaid application process looks like
- And more
Related: The Importance of Estate Planning with Jerry Antetomaso