The decision to recommend that a client go onto Medicaid, the government-sponsored healthcare program for people with low income and minimal resources, is both simple and difficult.

The simple part comes down to finances, determined case by case, says Maureen Whelan, a fee-only planner with offices in Garden City, Croton on Hudson and Tarrytown, NY. “If the client doesn’t have any assets to protect, it won’t take them long to qualify for Medicaid,” she says. “But if someone can afford it, they should pursue purchasing at least a minimal long-term care benefit” instead.

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