Page 46 - Bancroft Legal Planning Guide
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CONCLUSION?
For all but the very wealthy, arranging one’s affairs to qualify for Medicaid is an essential part of retirement and estate planning. The consequences of failing to do so are devastating to families caught unprepared. Nevertheless, it’s not
too late to protect assets even after entering a nursing home, although greater savings will be achieved and less anxiety experienced by those prudent enough to act before a crisis occurs. Finally, know that good help is available to those who select wisely.
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