Medicaid Planning Means You Don't Have to Lose Your House!

By
Real Estate Agent with RE/MAX Trinity Northeast Ohio Real Estate Specialist 2003008108
https://activerain.com/droplet/4Gn

One of my friends is Bill McCarthy of Bill McCarthy & Associates. Recently I learned that he has a great way to protect your savings and your home. Most people don't know who to turn to when faced with this situation. I wanted to share a solution that my clients have been very relieved to discover.

It's called Medicaid Planning, and it means you or your loved ones don't have to lose your house and life savings to a nursing home.

Bill explains it very clearly.Medicaid Planning can protect your savings and home

"If you become ill, the State of Ohio expects you to spend down your life savings until you are broke, and then they will come after your house.

Most people who go to nursing homes run out of money within a year. At $6,000+ per month, you can see it doesn't take long. Then you "borrow" from the state. Ohio will come after your house when you are gone.

The state keeps track of what they spend for your care and eventually will come after you (or your estate) to recover what they can. They frequently put liens on people's houses so that after you pass away or you sell your house, the state is first in line to get their money back."

This doesn't have to be the case. You can avoid this happening to you by taking precautionary steps now.

Are you facing this for yourself, or a family member? Don't know where to turn or what to ask?

This may be an answer you have been looking for! It costs nothing to learn how to protect your savings and home. My clients have been overjoyed to learn about Bill's program - and I hope you will call him. He has the answers to questions that many of us just don't even know how to ask.

Here is his contact information. Please don't wait - he is easy to talk to and knows how to help.

 

Bill McCarthy & Associates

Medicaid Planning Specialists

Toll Free: 1-800-654-1761

Email: billmcc@windstream.net

Website: www.billmccarthyandassociates.com

NOTE: If you a real estate professional, you should talk to Bill yourself. He can help your clients who are facing this difficult situation. They will thank you for sharing this information.

 

Posted by

Dawn Maloney, REALTOR®,  Luxury Home Marketing  RE/MAX Haven Realty

Direct:  (330) 990-4236         Email: dawn@dawnsold.com

Helping home buyers and sellers in Summit, Portage, Stark, Medina, Wayne, Lake, Geauga and Cuyahoga Counties since 2003.

All content ©2006-2014 by Dawn Maloney, REALTOR® unless otherwise noted.

 

 

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POSITIVE ATTITUDE for the Weary Soul
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Andrea Swiedler
Berkshire Hathaway HomeServices New England Properties - New Milford, CT
Realtor, Southern Litchfield County CT

Dawn, this is a complicated issue that people need to get good guidance on. Here in CT they will not be forced to sell the home if a spouse goes in a nursing home, but when the house is sold the state does indeed take it's money. It is a delicate road....

Jan 30, 2011 09:40 PM #1
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Dawn Maloney
RE/MAX Trinity Northeast Ohio Real Estate Specialist - Hudson, OH
330-990-4236 Hudson & Northeastern Ohio

I agree Andrea! That is why I am pleased that Bill is offering this service. Having talked to a number of friends and family about this subject, it seems that no one knows how to navigate these issues - lots of muddy water and complicated rules. It usually leads to loss of wealth, confusion and distress.

Finally, I have someone to help my clients!

Jan 31, 2011 12:11 AM #2
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Dawn Maloney

330-990-4236 Hudson & Northeastern Ohio
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