“Using Estate Planning to Prepare for Medicaid”
Your Hosts
Aaron E. Connor
Managing Partner, Pierro, Connor & Strauss
Pierrolaw
Frank E. Hemming III
Sr. Associate Attorney, Pierro, Connor & Strauss
PierrolawJuly 24, 2021
Hosts Aaron E. Connor and Frank E. Hemming III
As we often say on Life Happens Radio, long-term care can be very expensive, especially around-the-clock nursing home care. Without proper planning, many people end up paying for care out of their savings until they run out, at which point they can qualify for Medicaid to pick up the cost.
How do you avoid ‘spending down’ your life-savings while accessing this government benefits program? In this podcast, Pierro, Connor & Strauss attorneys explain how careful planning can make all the difference.
Attorneys Aaron Connor & Frank Hemming discuss legal strategies, including irrevocable trusts, that can help you plan in advance to protect your home and other assets for a spouse or children.
This way, when you do need long-term care, you may quickly qualify for Medicaid benefits for home care or skilled nursing. Plus, you’ll be creating a legacy for future generations.
