What’s the difference between Medicare and Medicaid—and why could that distinction matter so much for your estate?
On this episode of Legally Speaking, Kirsten Hildebrand and Matt Kaplan break down how Medicaid can help cover long-term nursing home care, why qualifying for benefits can become complicated, and how Wisconsin’s estate recovery program may seek reimbursement from assets after someone dies.
They also explain the staggering cost of long-term care, why even a sizable nest egg can disappear quickly, and how poor estate planning can unintentionally send an inheritance straight toward nursing home expenses or Medicaid recovery.
Through the story of two sisters, Kirsten and Matt show how a simple will—or a properly structured trust—can dramatically change what happens to family wealth when one beneficiary is already receiving Medicaid benefits.
The takeaway: estate planning is about preparing before the crisis happens, protecting the people you love, and making sure your assets ultimately go where you intended.
This program is for informational purposes only and is not a substitute for individualized legal advice.