Medicaid Crisis Planning

Medicaid Crisis Planning refers to strategies used by individuals or families when facing a sudden need for long-term care, typically due to an unexpected medical condition or aging. This planning aims to qualify for Medicaid assistance while protecting assets from being depleted by high healthcare costs. It involves understanding Medicaid’s eligibility requirements, including income and asset limits, and often includes legal and financial strategies, such as asset restructuring or trusts. The goal is to ensure that individuals can receive necessary medical care without losing their savings or home.