A Word Of Advice

[Guest guest]

To All:

I have a word of advice about Medicaid or as it is

known here in the state of California, MediCal. All

those that have been here awhile know that I am

dealing with my husband's kids, that have not been

supportive at all in my husband's care nor really have

any desire to learn about his illness. I have sent

them reams of information, which they have not

bothered to look at. They believe their father owes

them and out of guilt feelings of his past and how he

treated them,( I did not know them at this time) he

put them in his Living Trust as Durable Power of

Attorney in everything. His kids say he has to be put

into Medicaid/MediCal. I found out that I was the one

that would have to spend down on all my assets that I

had saved before I knew Jim, because Jim's assets were

all protected. His kids are very wise and know all the

angles. They are professional at playing the courts,

that is why I do not want to go up against them. They

know all the angles, I don't. Just to let you know,

in California anyway, you can put the house into a

Trust and no one can touch it and put all your assets

into a Trust in annuities, so they are protected

against Medicaid/ MediCal taking them. My assets were

in the open for the taking, but I have since put them

into a Trust in annuities. Now, they can put Jim into

Medicaid/ MediCal and they won't touch my assets,

because now they are protected. I almost had to be

forced to divorce Jim to save my assets. Speak to a

financial advisor and to Elder Care Attorneys. I had

to spend a lot to find out this information and that

is another reason why I refuse to spend more.

Jan Colello

Just know, you can protect your assets from being

taken by Medicaid.

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