Sunday, September 14, 2008
Medicaid Annuities May Not be So Friendly
The first risk is to be aware that UNLESS you are being advised by a true expert in this area, you may very well be on your way to big headaches and problems. The reason is simple. The Medicaid laws are constantly changing. This means that your 'planners' methods had better be up to date or you will have issues.
Next, it is important to consider that you may be dwelling in an area that is under high amounts of scrutiny. This means that the strategy better be well thought out and perfectly executed. If you are not using a professional that is well versed, again, you will be looking at a future of frustration and expenses. If this is not done right the first time, chances are, it cannot be redone and undoing it will cost a lot of time and money.
There are several other risk factors to using annuities to qualify for Medicaid purposes. What we have done is put together a contact form. If you need help in this area, or even just a second opinion, please visit:
AnnuityMD.com Medicaid Annuity Help
You will have the opportunity to consult with one of a few people we consider to be the best in the country when it comes to Medicaid Friendly Annuities.
Hope this Helps.