If I go on Medicaid will I lose my house?

Many people are afraid of losing their home if they have to enter a nursing home and apply for Medicaid to cover the extreme expense. While this fear is well-founded — the average cost of a nursing home in Kansas City Metro is about $5,000-$7,000+ per month...

6 Ways to Pay for a Nursing Home

Long-term care insurance has evolved over time, and it continues to be a valuable form of insurance held by a minority of individuals. If you have it today, congratulations! Most people we see do not have long-term care insurance. It can be a very valuable insurance...

Is Medicaid Planning for Everybody?

We are often asked the question… do we have too many assets to consider Medicaid Planning as part of our planning? This question can be asked in a few other ways, but essentially these clients are wondering if Medicaid Planning is for everybody. As a...

How Will I Pay for Long-term Care?

It’s pretty well established that long-term care costs are a growing threat to everybody’s assets.┬áSo how do people pay for long-term care when it’s so expensive? First, although there is always a chance you will not need long-term care due to a...

Medicaid Planning: Should I Give It Away or Put It In a Trust?

Many people give away assets as a strategy for Medicaid Planning, but there are benefits they miss by not considering an irrevocable trust. Irrevocable trusts can be a very valuable tool with proactive Medicaid Planning. Certainly, gifting of assets can be done...

7 Things to Consider When Planning For and Preserving the Family Farm

The family farm is a sacred asset for many Midwest families. The heritage and legacy of these families started on farms, and there are deep roots tied to the preservation of the land. The challenges facing family farms are fairly well-documented these days, but one of...