When it comes to post-retirement, end-of-life care, finding the right balance of trust funds and benefit calculations can be a challenging dance. Many folks in Florida can find it a bit confusing when juggling Social Security Disability Insurance payments and Medicaid asset maximums. However, with careful planning, and possibly a little help, there are options to maximize the amount of aid offered to any one individual.
A recent news article offers a hypothetical case in which a woman, post-retirement, has become incompetent due to Alzheimer's and must be placed in a memory care unit of a nursing home. She has no income, and has used up her savings. Now she is looking at her options for Medicaid and Social Security disability.