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What Happens If You Don’t Plan for Medicaid? Risks of Waiting Too Long
Manage episode 493312011 series 3673515
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Episode Summary:
Tony Turbeville explains the critical differences between pre-planning and crisis planning for Medicaid, highlighting the financial risks of waiting too long. Learn why Florida's homestead protection matters and how proper timing can save families hundreds of thousands of dollars in long-term care costs.
Key Timestamps:
00:01 - Introduction to Medicaid Mastery
00:22 - Pre-planning vs Crisis Planning explained
02:44 - Why families delay Medicaid planning
04:55 - Financial costs of procrastination
06:28 - Florida's home protection rules
07:56 - Benefits of early planning
11:17 - Hidden costs and ongoing services
12:13 - Point of no return in planning
12:58 - Common misinformation pitfalls
About The Show:
Medicaid Mastery delivers expert insights on navigating the real long-term care Medicaid system. Each episode provides actionable information to help families protect their assets while securing necessary care benefits.
5 episodes
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