Page 11 - A Simple Guide to Medicaid Planning

THE $156,000 QUESTION:
T H E $ 1 5 6 , 0 0 0 Q U E S T I O N :
THE $156,000 QUESTION:
WHAT WAITING REALLY COSTS
W H A T W A I T I N G R E A L L Y C O S T S
WHAT WAITING REALLY COSTS
A real-world example of delayed Medicaid planning

THE TRUE COST OF "WAITING TO DECIDE"

Average FL nursing home (private pay) $13,000/month

Typical Medicaid approval timeline 3-6 months

Each month of delay before starting +$13,000

Potential cost of 12-month delay $156,000+

That's not a scare tactic, it's just math. And it doesn't even account for the

asset protection strategies that become unavailable as time passes.

TWO FAMILIES, TWO OUTCOMES

WITHOUT PLANNING REALITY

Spent down $180,000 in savings over 14 months Protected $150,000+ in assets legally

Nearly lost the family home Home fully protected for spouse

Spouse left with minimal income Spouse income maximized

Applied for Medicaid in crisis mode Medicaid approved in 90 days

Family stressed and divided Family unified with clear plan

WHY TIMING CHANGES EVERYTHING
W H Y T I M I N G C H A N G E S E V E R Y T H I N G
WHY TIMING CHANGES EVERYTHING
Here's what most people don't realize: Medicaid planning isn't a one-time
decision—it's a series of doors that close over time. The strategy available to you
TODAY may not be available next month. I'm not saying this to pressure you. I'm
saying it because families tell us all the time: "I wish someone had explained this

sooner."

Family First Firm | Florida's Largest Elder Law Practice
This is educational information, not legal advice. (407) 863-0000 WWW.FFF.LAW