Medicaid planning can protect assets

because when you sit down to have a

conversation about what your

circumstances are and what your risk

tolerance is you can make a plan in

advance of being in crisis mode crisis

mode happens when all of a sudden you

find out you have to go into a nursing

home or a long-term care facility

without any advance notice and all of

the sudden all of your assets are

subject to paying for those costs of

care if you deplete all of your assets

you really have a limited amount of

money that you can use to enhance your

quality of life Medicaid planning comes

in because you can structure your plan

in order to provide yourself with enough

assets to increase the quality of your

life during that kind of circumstance

but Medicaid planning has to be done

well in advance of a crisis mode