How to Protect Your Family's Assets from Devastating Nursing Home Costs: Medicaid Secrets

ISBN 10: 0979080118
ISBN 13: 9780979080111
Author: K. Gabriel Heiser
Edition: 1st
Release: 2007-01-15
Format: Paperback (256 pages)
List Price: $47.00
Tags: Law, General, Specialties, Disability, Medicine, Administration & Policy

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Book Description: With an estimated 76 million baby boomers reaching the age of 65 between 2011 and 2029 -- and 40% of them needing nursing home care for either themselves or their parents -- there will be an overwhelming number of people seeking nursing home Medicaid: the only government program that currently pays for such care. If you have an elderly parent or other family member headed for a nursing home -- or already in a nursing home -- you simply cannot afford to be without this book. Most people do not realize it, but the federal Medicaid program pays for over 50% of all nursing home residents, and you do NOT have to be broke to qualify! However, you DO have to understand the rules. The author of this book has spent his entire 23-year legal career helping people qualify for nursing home Medicaid, in addition to other estate planning work. It is the definitive guide to nursing home Medicaid qualification and is the only resource that is completely up-to-date. It includes all the massive changes brought about by the federal Deficit Reduction Act that was signed into law on February 8, 2006 and later amended on December 20, 2006. That law changed many of the "rules of the game" -- including the rules affecting qualification for the Medicaid program. Any one of the powerful techniques or secrets that are revealed in Medicaid Secrets has the potential to save you tens of thousands -- even hundreds of thousands -- of dollars in nursing home costs. The book will easily pay for itself over and over again for months or years to come. Medicaid Secrets is not available in bookstores. Includes a summary of all income and asset rules for both married and single individuals, together with numerous examples and several case studies¿which take you inside the mind of an experienced elder law attorney as he analyzes real-world client situations, goes through a checklist of options, and makes his recommendations. This section alone is worth the price of the book!

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