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What is a MEDICAID ESTATE PLANNING?

April 26, 2017estate planning medicaid

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What is a MEDICAID ESTATE PLANNING?

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MEDICAID ESTATE PLANNING or Asset Preservation is planning to save a significant portion of a family’s lifetime savings from the debilitating high cost of nursing home care. MEDICAID ESTATE PLANNING combines the disciplines of Estate Planning with Financial Planning. MEDICAID ESTATE PLANNING can be done well before one enters the nursing home or after being there for a while. Nursing Home cost does not take long to wipe out a lifetime of savings.