Second Half of Life Podcast

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

September 13, 2021 Steinbacher, Goodall & Yurchak Season 2 Episode 43
Second Half of Life Podcast
Five Payment Options You Didn't Know Existed When Faced with Sizable Nursing Home Bills
Show Notes

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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