In this episode, we dive into the real cost of nursing home care and why Medicaid planning is a critical tool for asset protection for seniors and their families. Attorney Cary Moss explains why nursing home costs often come as a shock, clarifies the difference between Medicare and Medicaid, and breaks down how long-term care is actually paid for. The conversation focuses on practical strategies to protect savings, homes, and retirement assets while still qualifying for Medicaid benefits.
Cary shares common myths about Medicaid planning, outlines what assets are considered exempt versus countable, and walks through both pre-planning and crisis planning options designed to preserve family wealth and reduce financial stress.
If you’re worried about long-term care expenses, this episode offers clear, actionable guidance to help protect your assets and plan with confidence.
In this episode, you will hear:
- Medicare vs Medicaid and what actually covers long-term care
- The true cost of nursing home care and why it surprises most families
- Medicaid planning basics for seniors facing nursing home costs
- Asset protection strategies to preserve savings, homes, and retirement accounts
- Common myths about Medicaid and qualifying with higher assets
- Pre-planning vs crisis planning for long-term care and Medicaid eligibility
Follow and Review:
We’d love for you to follow us if you haven’t yet. Click that purple ‘+’ in the top right corner of your Apple Podcasts app. We’d love it even more if you could drop a review or 5-star rating over on Apple Podcasts. Simply select “Ratings and Reviews” and “Write a Review” then a quick line with your favorite part of the episode. It only takes a second and it helps spread the word about the podcast.
