Avoiding Common Long-Term Care/Nursing Home Planning Mistakes - Linda Cammuso on Money Matters Radio

When it comes to long-term care and nursing home planning, people often make mistakes that are avoidable. Too often, they assume that they will never be in a situation to need nursing home care, which is one mistake. Another is assuming that Medicare will cover nursing home costs -not true. In this broadcast Attorney Cammuso walks listeners through many of the mistakes people make when it comes to long-term care planning and cautions them not to wait until they are in a crisis situation to plan. Not being aware of the MassHealth/Medicaid financial rules is another issue, followed closely by assuming your estate is too large, or too small, to worry about long-term care planning. Making annual gifts to children and not realizing the implications of the MassHealth five-year look back and not using an attorney who specializes in long-term care planning are also lapses. There's more, tune into this broadcast and let Attorney Cammuso tell you how to avoid those mistakes.

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