Navigating the complexities of long-term care can be challenging. When clients are facing an immediate care need and did not do any pre-planning, they may think there are no options to save their assets from the nursing home bill—but that’s where Medicaid planning can help. This webinar, led by industry expert Dale Krause, J.D., LL.M., will explore the financial strategies used in crisis Medicaid planning, with a focus on preserving assets through the use of Medicaid Compliant Annuities (MCAs). Attendees will gain a deeper understanding of the Medicaid program and how to help clients accelerate Medicaid eligibility. Through real-life case studies, we will illustrate the practical applications of MCAs for both married and single individuals facing long-term care costs.
Learning Objectives:
• Understand the Fundamentals of Crisis Medicaid Planning: Learn the key financial and non-financial requirements for Medicaid eligibility and how they impact seniors in need of long-term care.
• Explore the Role of Medicaid Compliant Annuities (MCAs) in Asset Protection: Discover how MCAs convert excess countable assets into an income stream to accelerate Medicaid eligibility.
• Analyze Case Studies and Implementation Strategies: Examine real-world examples of Medicaid planning strategies for both married couples and single individuals, including the Gift/MCA plan.
