Beware Medicaid Planning

February 2008

Country Counsel by: Jim Leonard

Key Points:

  • Financial issues arise when addressing elder care
  • Irrevocable supplemental needs trust can help fill Medicaid gaps.
  • An IRS, an annuity or asset giving may also help.
  •  
    NURSING home expenses, protection of your residence, a disabled child or grandchild, payback to the state of Ohio: These are some of the many issues that can arise when financial resources are challenged by health care needs…Download full article here.

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