Page 9 - A Simple Guide to Medicaid Planning

I
G
D
C

A
I
D
C
I
N
P

L
N
A
S
R
N
I
I
S
M
E
MEDICAID CRISIS PLANNING
MEDICAID CRISIS PLANNING
What Florida Families Need to Know
5YR
%
0
7
3
5YR
$13K 70% 5 Y R
1
$
K
70%
$13K
Monthly nursing Of Americans will Medicaid look-back
home cost in Florida need long-term care period in Florida
WHEN YOUR PLAN MATTERS
Before a Health Crisis: Maximum flexibility. Most asset protection strategies
available. Proactive, not reactive.
At Hospital/Rehab Discharge: Options narrowing. Some strategies still work.
Decisions often made under pressure.
After Nursing Home Admission: Many doors close. Private pay begins. Each month
means unprotected spending.
During Medicaid Application: Limited options remain. Focus shifts to compliance
rather than protection.

COMMON MISCONCEPTIONS

MYTH REALITY

“We have to spend down Legal strategies exist to protect
everything before Medicaid assets while meeting eligibility. It's
kicks in." about knowing the rules.

MYTH REALITY

Facilities want payment. An
"The nursing home will help elder law attorney represents
us figure out Medicaid."
your family's interests.

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