Medicaid Planning in Louisiana: Part 1 – Why Engage In Medicaid Planning?
With the assistance of Legacy Law Center, many Louisiana residents engage in a practice known as Medicaid Planning. However, many who hear about this strategy carry little knowledge of what it is, and how it works. So what is Medicaid Planning? Simply put, Medicaid Planning in Louisiana is a strategy whereby individuals intentionally shift assets out of their names so that they will qualify for long-term care Medicaid coverage in the future. Preservation of the shifted assets is the goal. In this 4 part series, we will explore the why, how, and when regarding Louisiana Medicaid Planning. Why Engage in [...]