Medicaid planning is the practice of preserving assets by securing eligibility for government
Read MoreEarly asset protection planning
Read MoreThe earlier you plan the better. The best time to engage in Medicaid planning with the Elder Law
Read MoreMedicaid and Medicare are both federal health insurance programs, but there are important differences. While Medicare provides health insurance for people age 65 or older, it does not pay for extended care such as nursing home or assisted living or other long-term care. These extended care costs can only be covered by Medicaid, but in order to qualify for Medicaid, a person's income and assets must fall below a certain level.