Chapter 24
The Top Five Problems with Medicaid Planning
In This Chapter
• Beware of whom you trust
• The risks of relying on an unreliable system
• Why you should seek professional advice
• The true cost of transferring your assets
• Don’t outsmart yourself
As I discussed in the last chapter, although Medicaid serves needy people, middle-class and affluent citizens sometimes access benefits by doing what is called Medicaid planning. This type of planning preserves assets by making it invisible to Medicaid, so that the person qualifies for Medicaid without spending his or her assets on care.
Some Americans embrace Medicaid planning as a way of paying for long-term care without depleting their life savings. Others are repulsed by the idea of Medicaid ...

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