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Estates, Inheritances, & Aging Parents: Your Checklist

The Money with Katie Show

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Medicaid: A Legitimate Option?

You have to be basically destitute to have Medicaid cover any of this. People will transfer all of their assets to their kids five years before so it looks like they are on paper. My only caution is, if you are trying to go down that route, Medicaid isn't going to pay for some luxury facility. You'll end up in a state subsidized facility.

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