Rory Douglas
Region: US
Saturday 25 March 2023 00:53:24 GMT
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F C :
you say to put your assets in someone elses name? what if they get sick or get sued for something?
2023-03-25 09:53:54
6
Lisa LaMagna :
Everone lives in denial instead of heeding this good advice
2023-03-25 03:07:40
33
donnawhite8413 :
nursing homes that take medicad are aweful
2023-03-25 03:33:28
345
Angela | Houston Realtor :
Also, take out long-term care insurance in your 40s that will cover caregivers to stay home or it will pay for Assisted Living.
2023-03-25 09:34:52
95
Practice makes perfect :
My grandmother had everything in trusts ten years prior but it doesn’t work for assisted living. Only nursing homes which no one wants to live in
2023-03-25 01:37:14
123
Theresa :
this is true but a horrible option. medicaid beds are not always available at the nice nursing homes. Most likely a less then stellar facility.
2023-03-25 01:27:33
45
David Silva :
Bad advice. Put assets in an irrevocable trust. Putting assets in someone else’s name screws up their taxes and if they are sued both are broke
2023-03-25 14:31:45
11
luv3192🖤🇺🇸 :
irrevocable trust
2023-03-25 03:40:59
81
Bung Holio103🇺🇸 :
Wrong. Don’t move it to someone else. Move it into a trust.
2023-03-25 20:50:11
47
Marie Like Marie? :
You also get that “no money” quality care🥺🥺🥺 you get what u pay for
2023-03-25 03:40:33
94
James D Vader :
have you ever been to a medicaid only nursing home?
2023-03-25 01:27:55
15
lifeskills_ :
Long-term care insurance at age 20 is actually what the rich do.
2023-03-25 10:20:30
20
Kamesha | RN → FNP :
Do everything in your power to stay out a nursing home
2023-03-26 15:41:14
6
Iamtropicgal :
You better hope who ever you put your money won’t rip you off.
2023-03-26 02:12:55
7
AlternateAudi :
My dad tried to get his mother to do this but it was too late - Alzheimer's stopped that. She lost her entire life savings to the homes.
2023-03-26 02:05:42
7
Brian Best :
using a irrevocable trust helps
2023-03-25 01:36:12
7
Jedi with a Board :
Medicare paid nursing homes are hell on earth. If you possibly can buy some kind of long term care ins with home assistance and fight to stay there.
2023-03-25 05:00:23
8
cynsai14 :
If you are in Medicaid you only get a bed. You must share a room
2023-03-25 21:22:21
5
✨Ultra✨ :
But those Medicaid facilities…are they good quality of life?
2023-03-25 03:05:06
2
user1275194855130 :
It’s called a trust! Put all your assets into a trust
2023-03-26 20:06:03
2
DluxMixdNuts :
Wouldn't a trust be better so the beneficiaries can avoid capital gains? Also, a long term care policy is a must!
2023-03-25 15:57:08
2
Horror Writer JeanNicoleRivers :
Get LTC insurance so you can go to assisted living.
2023-03-26 04:01:39
2
Action Jackson :
I'm a Medicare insurance broker. Preach!
2023-03-25 18:09:11
2
cid958 :
Life insurance that has cash value can also disqualify Medicaid paid nursing home coverage.
2023-03-25 04:13:32
2
Ashley :
This! We did this for my grandmother .. they would of taken everything if not
2023-03-25 11:29:15
2
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