If youre like most retired Americans, you worked hard to save and invest for your retirement, but are you doing anything to help protect your assets from the staggering costs of long-term care?
Most seniors are unaware of the potential costs associated with long term care. The national average annual cost for nursing home care is $75,000 a year. This average is only going to rise as time goes on. Most think that Medicare will pay for long-term nursing home stays. This assumption couldnt be further from the truth. Medicare will pay for only 100 days in a nursing home and will not pay for assisted living costs. Beyond the 100 days, a person must either self pay, have long-term care insurance, qualify for Medicaid, or they will be sent home.
Since one out of every two people will need long-term care, this can be a devastating time for many. Fortunately, you do not have to deplete your assets to qualify for Medicaid. S.A.F.E. Planning has mastered pre-planning so you can protect 100 percent of your assets should long-term care be needed. With licenses in nine states and offices in Shreveport, Louisiana, and Lakewood Ranch, Florida, S.A.F.E. Planning provides financial protection programs designed specifically for the needs of seniors.
Medicaid is NOT Welfare. Many people believe that Medicaid is strictly for indigent cases. Medicaid is an entitlement program, like Social Security, and seniors have already paid for it. Medicaid for long-term care is an entitlement program established under title XIX of the Social Security Act READ MORE which, over time, has become viewed, not as an entitlement program, but rather as a form of Welfare due to congress's misappropriation of funds.
Let S.A.F.E. Planning show you how to preserve your hard earned assets. Schedule a FREE consultation or join us for one of our FREE educational workshops.
S.A.F.E. Planning, Inc. is the premier corporation providing expert financial protection programs specifically serving the Senior Market. Our focus is on Estate Preservation and Asset Protection. Large or small, everyone has an estate. With timely and informed planning, costly mistakes can be avoided.
By: Blake Rainey
A lot of people are asking what affect the new healthcare laws will have on them and their families as it relates to the long term care issues that we typically address, primarily from the standpoint of Medicaid and long term care payment. If you are one of the many...
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Knowledge, Experience, Success
Steve and Blake Rainey of S.A.F.E. Planning are knowledgable, experienced and successful in obtaining Medicaid eligibility for hundreds of clients. Learn how to receive nursing home care without long term care insurance. Medicaid for long term care is an entitlement program, like Social Security and Medicare, which was formed from TITLE XIX of the Social Security Act, but many people will not qualify without our help.
Edna H. Miller will be 105 years old on April 12 of this year, and the changes she has seen in her life-time could fill many books. Although she is now living in a nursing home...
PierPoint Mortgage New Orleans was Founded in 2003, and is a nationwide Mortgage Broker, and has 50 years of Mortgage experience. Pierpoint Mortgage is a full stop on the struggle of finding the best
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With Quick Bad Credit Loans you can get a fast and reliable personal loan. The money can be used for any purpose. Pay off your mortgage, supplement your income, or pay for healthcare expenses! Want to
With Quick Bad Credit Loans you can get a fast and reliable personal loan. The money can be used for any purpose. Pay off your mortgage, supplement your income, or pay for healthcare expenses!