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June 21, 201210 years ago

Medicaid And The Death Of A Good Estate Plan.

Commonplace estate plans do NOT work out well for those who do suffer ill health in old age, and who do not have substantial savings and investments.  Nursing home costs are NOT covered by Medicare (except a possible short term stay), and an extended nursing home stay for one or both individuals of  a married couple will exhaust many if not most normal estates.  Once the assets are gone, Medicaid will take over.  Read more