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Originally Posted by Bizdoc
Alternately, hire a good elder law attorney and listen to what they tell you about how to structure your assets so that you can qualify for Medicaid and/or VA aid and comfort. You would be amazed at the politicians who like to talk about "the takers" who make certain their loved ones can get Medicaid.
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You are saying to sign and give your assets to your children and go on WELFARE, yes, Medicaid is welfare. We know of a couple who had a 2 story colonial home on Cape Cod, 2 condos on Clearwater Beach. They signed everything to a Trust, giving everything to children. He will soon need nursing home care and guess who is stuck with the bill? Taxpayers, how fair is that?