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It is Critically Important to Consider Purchasing a Long-Term Care Insurance Policy; But What Kind is Best For You?

The Hybrid Long-Term Care Insurance Policy Is One Flexible Solution to Consider Long-term care (“LTC”) insurance is an insurance product that helps pay for the costs associated with long-term care and generally pays for long-term nursing care not covered by health insurance or Medicare. What Constitutes “Long-Term […]

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What Is Pennsylvania’s Estate Recovery Program and How Can You Eliminate or Minimize the Ability of the State to Seize the Inheritance You Want to Leave to Your Loved Ones

What Is Pennsylvania’s Estate Recovery Program and  How Can You Eliminate or Minimize the Ability of the State  to Seize the Inheritance You Want to Leave to Your Loved Ones

Medicaid wants its money back and will seize whatever assets are left in your probate estate. f you are the current recipient of Medicaid or believe you may have to seek Medicaid down the road, it’s important to know that Medicaid can try to collect money from your probate estate after your death. For many seniors, the only asset remaining following an extended nursing home stay is their home.

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How a Trust Can Be Used in Your Medicaid Planning

How a Trust Can Be Used in Your Medicaid Planning

Careful Medicaid planning could allow you to preserve your hard-earned savings for the benefit of your children or other heirs while remaining in compliance with Medicaid’s complex laws and regulations for asset limits. Gifting assets to qualify for Medicaid can be a helpful planning tool; however, there […]

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