Spend it all while you can - this advice is honestly underrated. Enjoy the money while you still can. Life in a nursing home is going to suck no matter what. And any money you die with is money wasted.
Thankful for finding your channel…..whose information shared are relevant to my quest for better understanding of medicare/medicaid issues especially relating to long term care & estate planning. Your channel is a blessing to me….may our good Lord bless you more with your good work.
Thank you Edmund for sharing with us your thoughts about taking care of our parents. It make me realized the importance of being patient and understanding with our parents when they are old and need our help just like they did it for us years ago when we were still in our diapers. May God bless you and your work. Thank you for sharing with us your prayer.
Thanks so much for your wonderful information.Your channel is a blessing to me. Your faith is so strong so God be with you all the time, God bless you abundant life
Thanks God i found your channel Edmund i live at Florida our house is paid off my husband is 70s he under medicaid now can he create a living trust now to protect our house he not in nursing home yet God bless you 🙏
Thank you for reaching out and leaving a comment! We appreciate your interest in our channel. Your question has been added to our list of video topics and we will certainly consider it for a future video. While we can't promise that we'll get to every question, rest assured that we're doing our best to bring you the most relevant and helpful content. Keep an eye out for future videos and keep the questions coming! Please note that this is not legal or financial advice and we have no legal obligation to answer your questions. Our response is not, nor is it intended to be legal advice, to create an attorney-client relationship between you and Tree of Life Law Firm or any of its attorneys, or to be an offer to create such an attorney-client relationship. The information is provided for general information and educational purposes only and is not a substitute for professional advice. If you need personal legal or financial advice, please consult a legal or financial professional immediately. Do not take any action, postpone any action, or decline to take any proposed action based on this information without first engaging the representation of a licensed attorney at law in your State of residence. THE USE OR RELIANCE OF ANY INFORMATION CONTAINED IN THESE COMMENTS IS SOLELY AT YOUR OWN RISK. God bless.
Check for other Estate Planning attorneys on TH-cam that practice law in Florida. It is state administered, just as Medicaid is also state administered. You both should set up a trust, jointly or separately. Do it asap! Medicaid has a 5 Year Look Back Rule, so setting up your estate asset protection plan early enough is key. I'm also looking for useful answers on this topic. From what I've been able to find so far is, that if only one of you is in a nursing home and the other is still living in the primary home, that home is protected for the time being. Time being means, until the surviving spouse is no longer living in the primary home or until that surviving spouse passes. Then, Medicaid will come to your heirs or estate executor and seek repayment for the "loan" fronted by them for the nursing home care costs. I'm not sure if that also includes at-home care. Good luck.
Sad...now people donot take good care their parent....we have to take good care aur old parent and they should not pay nothing in their old age. Nurshing home is just a robber.
![F.HERO Ft. JSPKK x ลำไย ไหทองคำ x M-PEE - ไม่สนิทบิดหมด (Thai Riders Anthem) [Official MV]](http://i.ytimg.com/vi/kPJZ0UihBfk/mqdefault.jpg)
Hi friends, was this video helpful? Please leave a comment below so we can make more practical videos about Medicaid planning.
Great information. Thank you and God bless
Spend it all while you can - this advice is honestly underrated. Enjoy the money while you still can. Life in a nursing home is going to suck no matter what. And any money you die with is money wasted.
Nope, I plan to "waste" my money on helping animals.
@@andielliott7721 you *do* realize you don't have to die to help animals, right?
@@Michael-iw3ek Yes, I do realize that and am helping the animals. Truly appreciate your advice. Thank you.
@@andielliott7721 just making sure. I hope you help cats more because they are clearly superior and worthy of help.
@@Michael-iw3ek I have 20 "rescue" cats plus help people spay their own cats and dogs. Cats are superior to "whom"?
Thankful for finding your channel…..whose information shared are relevant to my quest for better understanding of medicare/medicaid issues especially relating to long term care & estate planning. Your channel is a blessing to me….may our good Lord bless you more with your good work.
You are so welcome. God bless!
EVERYBODY needs to watch this.
Glad it was helpful!
One of best home buyer with family and friends. I have had.
Thank you Edmund for sharing with us your thoughts about taking care of our parents. It make me realized the importance of being patient and understanding with our parents when they are old and need our help just like they did it for us years ago when we were still in our diapers. May God bless you and your work. Thank you for sharing with us your prayer.
You are welcome. God bless!
Thanks so much for your wonderful information.Your channel is a blessing to me. Your faith is so strong so God be with you all the time, God bless you abundant life
You are welcome. God bless!
Your videos are the best 😃
Thank you for that lovely prayer and the info.
You are so welcome. God bless!
Thanks God i found your channel
Edmund i live at Florida our house is paid off my husband is 70s he under medicaid now can he create a living trust now to protect our house he not in nursing home yet
God bless you 🙏
Thank you for reaching out and leaving a comment! We appreciate your interest in our channel. Your question has been added to our list of video topics and we will certainly consider it for a future video. While we can't promise that we'll get to every question, rest assured that we're doing our best to bring you the most relevant and helpful content. Keep an eye out for future videos and keep the questions coming!
Please note that this is not legal or financial advice and we have no legal obligation to answer your questions. Our response is not, nor is it intended to be legal advice, to create an attorney-client relationship between you and Tree of Life Law Firm or any of its attorneys, or to be an offer to create such an attorney-client relationship. The information is provided for general information and educational purposes only and is not a substitute for professional advice. If you need personal legal or financial advice, please consult a legal or financial professional immediately. Do not take any action, postpone any action, or decline to take any proposed action based on this information without first engaging the representation of a licensed attorney at law in your State of residence. THE USE OR RELIANCE OF ANY INFORMATION CONTAINED IN THESE COMMENTS IS SOLELY AT YOUR OWN RISK. God bless.
Check for other Estate Planning attorneys on TH-cam that practice law in Florida. It is state administered, just as Medicaid is also state administered. You both should set up a trust, jointly or separately. Do it asap! Medicaid has a 5 Year Look Back Rule, so setting up your estate asset protection plan early enough is key. I'm also looking for useful answers on this topic. From what I've been able to find so far is, that if only one of you is in a nursing home and the other is still living in the primary home, that home is protected for the time being. Time being means, until the surviving spouse is no longer living in the primary home or until that surviving spouse passes. Then, Medicaid will come to your heirs or estate executor and seek repayment for the "loan" fronted by them for the nursing home care costs. I'm not sure if that also includes at-home care. Good luck.
Tq I will do that
You are God loving person.God Bless you.
Thank you and God bless!
thank you for this information
You are so welcome!
Sad...now people donot take good care their parent....we have to take good care aur old parent and they should not pay nothing in their old age. Nurshing home is just a robber.