Saving Your Estate from the Nursing Home

Craig Alston, elder law attorney and former judge, will discuss strategies to preserve your estate from nursing home costs.

At a cost of $120,000 or more per year, nursing home expenses can destroy a small to medium size estate in a hurry. In many situations, Medicaid will pay for all nursing home costs. Find out what assets and income Medicaid will allow you to keep and what Medicaid strategies can be used to save up to 100% of your assets and income for married couples and more than 50% of your assets for single persons. Topics will include asset exemptions and exclusions, trusts, annuities, gifts/divestments, and care contracts. Detailed examples will be used to illustrate Medicaid concepts.