Services: Consulting for Financial Advisors

Helping Financial Planners Help Their Clients

Many families want to plan for expensive long-term care in their future and others have an immediate need. In either case, these families typically want to preserve their homes and assets when possible.

The Medicaid long-term care rules regarding IRAs, 401Ks, pensions and home ownership and how they impact eligibility are complicated, they vary by situation, by marital status, by year and by state. The strategies used to help families preserve assets and homes also vary by state and by how far in advance a family is planning for their care needs.

Should a home be sold to pay for care? Aren’t homes exempt? Can homes be protected? What about a spouse? Are trusts exempt? If so, what kind? How the does Look-Back period work? The questions are many and the answers are complicated. Let us help you help your clients.

Our Process

We offer a free, no-obligation consultation with you and your client, in which eligibility, finances, strategies and timeline are discussed. We can work with Financial Advisors behind the scenes, work directly with clients or a hybrid approach. We can consult on long-term care planning or handle the complete Medicaid application process.

For full Medicaid Planning engagements, we provide comprehensive support during the application process, preventing delays, preserving assets, protecting spouses, and minimizing risks associated with Estate Recovery, while keeping you updated on your client’s progress.

A less exhaustive option is a Benefits Consultation. A Benefits Consultation is a one-hour benefit planning consultation with a Certified Medicaid Planner. This one-on-one meeting will be an opportunity for you and your client to receive researched answers, state specific eligibility criteria, and professional guidance to any questions concerning financial options and strategies that will benefit you and your client going forward. We also include concisely written follow-up material so that the information discussed during the consultation will be available for your future reference.

Who We Can Help

Families who are not automatically eligible for Medicaid long-term care. Some examples include:

• Persons who are over the income / asset limit

• Persons doing advance planning

• Persons ineligible but cannot afford their cost of care

• Married couples with mixed health conditions who require spousal protections to live independently

• Persons who have violated look-back rules, intentionally or not

Complete the form below to get in touch with us to discuss a partnership or your client’s case.