A couple has $1.7 million in assets and a wife in a nursing home costing $10,000 a month. Can they qualify for Medicaid, and how much of their estate can they protect? Guess in the comments.
Tonight we're going to play a game I call How Much Can We Save? How much can we save? Save, save. So we've talked about strategies and tools that can be used to save money from Medicaid. We're going to use a real-life fact scenario, and I want you to tell me how much of the estate you believe can be saved. Put your answers in the comments, and I will come back tomorrow night and tell you what the answer is. Here are the facts. We have a couple. Husband is living at home, completely healthy. Wife is in a nursing home paying over $10,000 a month private pay. Together they have an estate valued at $1.7 million. So here are the questions I want you to answer in the comments. Number 1, can we qualify them for Medicaid? Number 2, if so, how much of the $1.7 million can we save, if any? Let me hear your answers in the comments. And if you haven't already, follow my channel so you can find out the result tomorrow night.
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