Preserving Wealth and Inheritance Through Medicaid Planning for Long-Term Care

Abstract

In this article we explain the rules and planning techniques relevant to obtaining government funding for the long term health care of an elderly client. This is called Medicaid Planning. Medicaid planning poses particular challenges because it involves both a federal law template and a state law implementation system. In our article we use the law of the State of Washington to make our analysis concrete and specific, but most of the techniques and strategies that we describe are available in any state because federal law imposes the basic structure of Medicaid.