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What Spending Down Assets While in Long-Term Care Means
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What Spending Down Assets While in Long-Term Care Means
When it comes to financial responsibilities throughout long-term care, it is not always so clear-cut. An important consideration is asset spend-down. This process is how one lowers their financial resources to be eligible for programs like Medicaid (government assistance programs). This is a crucial aspect of maximizing the benefits from the limited resources that many families can afford for long-term care. Understanding Asset Spend-Down Spendi…
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