The Basics of Asset Protection Plan Asset Protection Planning Medicare only covers short-term nursing home care. After that, Medicaid kicks in for qualified individuals. The Medicaid program only allows a person to have two or three thousand dollars in assets, depending on the state, to be eligible for coverage. An asset protection plan helps ensure […]

Asset Protection Planning Medicare only covers short-term nursing home care. After that, Medicaid kicks in for qualified individuals. The Medicaid program only allows a person to have two or three thousand dollars in assets, depending on the state, to be eligible for coverage. An asset protection plan helps ensure that seniors qualify for Medicaid while