Listen "Managing a Healthcare Crisis"
Episode Synopsis
A fall, stroke, dementia diagnosis or unexpected illness could create an unexpected need for rehab or nursing home care. This episode, featuring the firm's founder Julie Steinbacher, will help you understand your options, get good care and protect your assets in such an event. Topics discussed include:- Various ways and strategies to pay for long-term care- What Medicare and Medicaid pay toward long-term care- How to qualify for Medicaid to pay for long-term care while still preserving your assets- The Medicaid five-year look-back period- Options to save money even if a loved one is already in a nursing home- The latest spousal protection rules- Advantages of using a trust to protect assets- Different types of Powers of Attorney- How it works for a single person
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