How can I avoid unnecessary hassles and costs associated with finding the right nursing home?

Careful planning, in advance or in response to an unanticipated need for care, can help protect your estate for your spouse or for your children. In order to plan for these unexpected outcomes, make sure you receive the benefits to which you are entitled under Medicare and Medicaid programs. You can also achieve this by purchasing long-term care insurance.

Giving general rules for so-called "Medicaid planning" is difficult because every client's case is different. Some clients have more savings than others, are married while others are single, and some have family support while others do not. Some clients who are not in immediate need of long-term care may be able to distribute or protect their assets in advance, thereby ensuring that they quickly qualify for Medicaid benefits when the need arises.

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