Do You Really Want to Give Away Your Assets to Become Eligible for Medicaid Long-Term Care?
A new insurance company survey of financial advisers reports that four-in-ten have clients who ask about giving away their assets so they can become eligible for Medicaid long-term care. Oddly, though not surprisingly, the same advisers report their clients say that a key goal of their long-term care planning is “maintaining control.” The online survey, by Nationwide Financial, questioned a [...]