Five Payment Options You Didn't Know Existed When Faced with Sizable Nursing Home Bills


Manage episode 302198866 series 2840542
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Don't let financial frets frazzle your thoughts and prevent you from getting a restful night's sleep! If you are concerned about how you will make ends meet should you or a loved one need care in a nursing home or assisted living community, then it might be time to tackle the elephant in the room. Stop wasting time worrying and start putting a written plan into place! In this episode, an audio recording of a virtual seminar originally presented in August 2021, Attorney Brittany Smith and Long-Term Care Planner Tammy Zilske discuss the value of pre-planning before a health crisis strikes, gifting guidelines under the five-year look back period, reviewing options for Medicaid eligibility, how to prevent the nursing home from confiscating everything that you own and ways a trust can be beneficial in protecting a lifetime of hard work.
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