What Happens If You Don’t Plan for Medicaid? Risks of Waiting Too Long

Episode Summary:

Tony Turbeville explains the critical differences between pre-planning and crisis planning for Medicaid, highlighting the financial risks of waiting too long. Learn why Florida's homestead protection matters and how proper timing can save families hundreds of thousands of dollars in long-term care costs.

 

Key Timestamps:

00:01 - Introduction to Medicaid Mastery

00:22 - Pre-planning vs Crisis Planning explained

02:44 - Why families delay Medicaid planning

04:55 - Financial costs of procrastination

06:28 - Florida's home protection rules

07:56 - Benefits of early planning

11:17 - Hidden costs and ongoing services

12:13 - Point of no return in planning

12:58 - Common misinformation pitfalls

 

About The Show:

Medicaid Mastery delivers expert insights on navigating the real long-term care Medicaid system. Each episode provides actionable information to help families protect their assets while securing necessary care benefits.