How to Pay for Nursing Home Costs

by | Mar 21, 2022 | Aging Parents, Nursing Home

How do you pay the exorbitant fees for nursing home care? And is it possible to keep life savings from being depleted by nursing home costs? Yes!

Read our Nursing Home Crisis Plan Case Study to find out one of the ways we helped a client.

Quick Summary

Mary recently had a stroke and will have to be placed in a nursing facility. She doesn’t want nursing home care to drain all of her savings.

Edwards Group worked to maximize Medicaid benefits as quickly as possible, created a trust to preserve assets, pre-paid funeral costs, and preserved more than 50% of Mary’s assets!

Total Savings to Mary and her family: more than $100,000.

Read the full story here.

If you have a loved one in a nursing home and are concerned about the outrageous cost, please give us a call at 217-703-7604 and ask for a free assessment call with one of our Elder Care Advisors today! It’s never too late to protect their life savings.