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The Nursing Home Crunch: A Legal and Financial Guide to Surviving a Long-Term Nursing Home Stay Without Losing Your Life Savings
- Edward D. Beasley, JD, LLM
- David H. Ferber, JD

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In this book we take the mystery out of nursing home and Medicaid laws. These laws can lead to the financial ruination of most people who need long-term nursing home care, since Medidcaid will only pay for nursing home care once the patient and family have spent most of their assets.

These laws are widely misunderstood, even by many lawyers and financial planners. Most people believe that you need to take action either three or five years before a nursing home stay, and we explain how this belief is completely false. A significant part of the assets, and sometimes 100%, can be saved even when someone is already in a nursing home.

This book explains practical issues of everyday importance, such as the difference between Medicare and Medicaid and how they both work. We go through the process of filing and application for Medicaid and we tell you what to look for in an elder law attorney. We have included a chapter on end of life planning, since most people ignore this vitally imortant area.

In short, this book presents a practical and useful guide to one of the most vexing problems of modern life.

More About This Book

  • An in-depth guide for the average person on the confusing areas of Medicaid and Nursing Home law

  • How to use the right type of trust to protect your home and life savings from the nursing home, and how to avoid using the wrong type

  • Why the language in a power of attornet can mean the difference between saving your assets and financial devestation

  • The nuts and bolts of applying for Medicaid

  • How you can shelter assets even if you have a loved one already in a nursing home

  • The dangers of putting your house or money into your children's names

  • The Medicaid pitfalls of second marriages

  • How to find the right elder law attorney for you

Order this Book Now!



MORE ABOUT THIS BOOK


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