Transcript:
00:00:00 – 00:01:22
In a nutshell, yes. In a nutshell, in in the state of Illinois, um you do have to spend it down all the way down to 17,500. So, if you have a million dollars, you will not be able to qualify mom for Medicaid until her asset level is 17,500. However, if you plan early enough, we can protect a lot of those assets. we might be able to protect half, might be protecting, you know, 75% even up to 100% depending on the stage that she’s in. So the default always is you’ll lose all that money to nursing home costs
00:00:41 – 00:00:58
unless you plan it properly. So, we’re very adamant about people coming to see us as soon as possible when a family member needs this type of
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