Answers to ten common questions about planning for the cost of long term care:
  1. Who pays for long term care?
  2. Can I just give away my assets in order to qualify for Medicaid/ Mass Health?
  3. What is the five year look back period?
  4. Can I reduce assets by deeding my house to my children?
  5. What is an asset protection trust?
  6. Can I use any of the assets I put into trust?
  7. Will transferring my house into trust trigger the “due on sale” provision in my mortgage?
  8. What if I put my house into trust and then want to move and/or downsize?
  9. Can I put other assets into the trust after I establish it?
  10. When is the best time to start thinking about Medicaid/ Mass Health planning?