Medicaid Planning & SPIAs

LifeHealthPro featured Russell Towers’ article, “ Medicaid Planning & SPIAs”, in April 2013. This article highlights that most assets belonging to a married couple are considered countable assets when it comes to qualifying for Medicaid benefits. A Medicaid compliant Single Premium Immediate Annuity (SPIA) can help protect the assets of the couple from being totally depleted so that their heirs may receive an inheritance. Towers addresses a solution to this; to read more
download a PDF of the article here or read it online.