Nursing homes can easily cost more than $60,000 per year and many older couples have a difficult time paying for nursing home care over a long period of time. The state, through the Medicaid program, does not cover the cost of care until you have spent nearly everything you have, leaving your spouse or others dependent on you scrambling financially.

With some advance planning, we can help you plan this spend down period so that it creates the best possible outcome for everyone. There are ways to gift some of your assets to your children or others so that you are still eligible for help with nursing home costs.

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