If you enter a nursing home and want Medicaid to help pay the bill, you must be under the government’s asset limits. For many families, that creates a frightening reality:You may be required to reduce your “countable assets” before Medicaid will step in. This process is known as Medicaid Spend Down Planning. But here’s what most people misunderstand: Spending down does not always mean “spend everything.”
Read Article >>In Ohio, the average cost of a nursing home is approaching $15,000 per month — nearly $180,000 per year.Most families are shocked by how quickly savings disappear.And here’s another surprise...
Read Article >>When families are faced with the need for nursing home care, confusion sets in quickly. One of the most common fears we hear is: “Will the government take my house?” The answer is more complicated than most people realize.
Read Article >>Concerned about $13,000/month nursing home costs? Learn how a Medicaid Compliant Annuity may help protect assets.
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