Shownotes
70% of people over the age of 65 will need long term care and support in their lifetime. With the high cost of care, how can you prepare in advance? Will Medicaid cover the cost of care? What benefits do you have access to as a veteran or spouse of a veteran? If you need answers about Medicaid planning and Veteran’s benefits then this is the podcast episode for you.
This is episode 13 and the fourth episode of a five part series addressing the legal side of the aging process. In episode 12 we talked about Long Term Care Planning and asset protection. If you missed that, you’ll want to circle back and listen to/read that and the other episodes in this series because they all overlap each other and you need all of the pieces of the puzzle to get a clear picture. In this episode we are going to dig a little deeper into Long Term Care Planning and talk about Medicaid Planning.
Here is What We Cover
- What is Medicaid
- Why should someone engage in Medicaid Planning
- Who can assist with Medicaid Planning
- Does Medicaid Planning vary state to state
- When should one begin planning
- Planning for Long Term Care when assets are limited
- Planning for long term care when you have assets/asset protection
- Why is long term care planning important/What happens if I don’t have a plan
- Veteran’s Benefits overview - what is available
- Who qualifies
Links & Resources
Related Episodes
Thanks for listening!
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