Medicaid Crisis Planning & The Medicaid Compliant Annuity

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Manage episode 223583395 series 1044733
By Colin Meeks. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

Do you have a parent or spouse that may need to consider moving into a nursing home? This episode describes one way to prepare for nursing home costs and it is called the Medicaid Compliant Annuity. It offers you a way to save the hard earned money you saved over the years rather than spend it all in the first 2 years of nursing care. This is an annuity that only married couples can use, so if you are married or know a couple that could use this advice, please share! We have been using these annuities to help individuals for over 10 years but we still find most people have never heard of this technique before. If you have any questions, email or call us at ryan.stark@lpl.com or 410-663-0700.

86 episodes