Medicaid Crisis Planning: Protecting Your Assets While Getting the Care You Need

Life can change in an instant. One day, everything seems fine, and the next, you or a loved one may require long-term care due to an illness, accident, or sudden decline in health. When that happens, the cost of nursing home or in-home care can be overwhelming—often exceeding $100,000 per year. If you’re facing this situation and worried about how to pay for care without losing your life savings, Medicaid crisis planning can help.

Why Everyone Needs an Estate Plan

Regardless of income, assets, or age, estate planning is essential for everyone. The fact is that life is unpredictable; by having a plan in place, you can ensure that your assets are distributed and protected based on your wishes, that you make things easier on your family after your death, and that your loved ones are cared for.