How to Protect Your Family's Assets from Devastating Nursing Home Costs: Medicaid Secrets (15th ed.)
$33.93
Description
Book Synopsis: 2022 EDITION NOW OUT!! Written by an elder law attorney with over 25 years of experience, this book will help anyone with a family member faced with a long-term stay in a nursing home who wishes to preserve at least some of their assets by qualifying for the Medicaid program. You don't have to be broke to qualify! For the first time ever, the inside secrets of high-priced estate planning and elder law attorneys are revealed. Includes a summary of all income and asset rules for both married and single individuals, together with numerous examples and several case studies, which take the reader through the same thought processes that an experienced elder law attorney would go through when analyzing a real-life client's situation. The book includes tips on: how to title your home so you do not lose it to the state; how to make transfers to family members that won't disqualify you from Medicaid; how annuities make assets "disappear"; smart tricks for "spending down" your assets; what to change in your will to save thousands of dollars if your spouse ever needs nursing home care; avoiding the state's reimbursement claim following the nursing home resident's death; and much more. The 2021 Fifteenth Edition has been revised and completely updated to incorporate all changes in the law as of January 1, 2021. The two chapters on Veterans' Pension benefits (rules and planning techniques) have been completely updated to reflect the new transfer, lookback, and penalty periods that now apply to VA applications.
Details
Discover the essential secrets to protect your family's assets from devastating nursing home costs with our latest edition, "Medicaid Secrets". This comprehensive book, written by an elder law attorney with over 25 years of experience, is your ultimate guide to qualifying for the Medicaid program without depleting your entire savings.
Unlike what you may have been led to believe, you don't have to be destitute to qualify for Medicaid. Our 2022 edition reveals the inside secrets previously known only to high-priced estate planning and elder law attorneys. With easy-to-understand explanations, this book provides a summary of all income and asset rules for both married and single individuals, along with real-life examples and case studies for practical application.
Learn how to protect your home from being seized by the state by implementing simple titling strategies. Discover the smart techniques for transferring assets to family members without jeopardizing your Medicaid eligibility. Uncover the power of annuities in making assets "disappear" to meet the program's requirements. And that's not all! We also share valuable tricks for strategically "spending down" your assets, as well as actionable tips on updating your will to save thousands of dollars if your spouse ever needs nursing home care.
Rest assured, we've got you covered even beyond the resident's lifetime. Our book includes expert guidance on avoiding the state's reimbursement claim after the nursing home resident's death, ensuring your family continues to benefit from the preserved assets. With the 2021 Fifteenth Edition, you can trust that you have the most up-to-date information, incorporating all changes in the law as of January 1, 2021.
Don't let nursing home costs drain your hard-earned assets. Take control of your financial future and secure your family's well-being. Get your copy of "Medicaid Secrets" today and unlock the knowledge that can save you thousands of dollars. Order now!
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