Medicaid in indiana the secrets to protecting your familys assets they wont tell you gary k price on amazoncom free shipping on qualifying offers this book was written by an attorney with over 25 years of experience in the field of elder law and was written with the goal of assisting seniors and their families in making tough decisions regarding long term care planning. Can i rely on this asset protection from medicaid to protect my assets in a word yes for example if you bought a partnership policy with a maximum benefit pay out of 150800 you could protect 150800 of your assets if you want to protect more or less of your assets you may select a policy with a higher or lower benefit pay out. How to protect your familys assets from devastating nursing home costs medicaid secrets is the definitive guide on legally qualifying for medicaid to cover nursing home costs without the risk of losing your home and other cherished assets. Indiana medicaids perspective of assets income the medicaid program uses the term resources to mean assets the medicaid program distinguishes resources and income in determining eligibility and calculating the amount that a medicaid recipient must contribute to medical expenses contact your local office of family and children. This means that your beneficiaries avoid capital gains tax on the increase in value that the trust assets accrued during your lifetime when a trust is properly designed to provide asset protection the assets transferred to it no longer belong to you as a result they are beyond the reach of medicaid or any other future creditors
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