Medicaid or Moneyball?
Dec 06, 2022When faced with a long term care crisis and the accompanying astronomical monthly costs, families often push to keep doing things the same way they always have, just better or more efficiently. They keep pushing ahead with their fingers crossed that, somehow, they can preserve enough money to pay the $10,000+/month nursing home bill and not run out of money. It doesn’t work. They have to think differently. That is exactly what the movie Moneyball was all about. By thinking of things differently, boiling it down to the things that matter and sifting out what doesn’t, the Oakland A’s, one of the poorest teams, were able to achieve astounding results. In this video, Jeffrey G. Marsocci, The Plain English Attorney™, analyzes some key points in the movie that align with how families and professionals should approach the Medicaid Planning process.
Check out the FREE webinar "Paying for Long Term Care" at https://www.payforlongtermcare.com
#Medicaid #Moneyball #longtermcare #nursinghome #fairuse
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RELATED VIDEOS
Medicaid Planning Playlist: https://youtube.com/playlist?list=PLrrVKQBBVofo-p9kCyJoGnW8DNQ8Vd58K
Medicaid Whoopsies I: https://youtu.be/G0ITJuiDcaU
Medicaid Whoopsies II: https://youtu.be/--J0Qah6fcI
PLAYLISTS
Estate Planning Playlist: https://youtube.com/playlist?list=PLrrVKQBBVofrcWCdiJhvVyT-3FP9g4oc6
Reaction Videos Playlist: https://youtube.com/playlist?list=PLrrVKQBBVofrE_Sub_GQBLsnkrLWsvs51
Medicaid Planning Playlist: https://youtube.com/playlist?list=PLrrVKQBBVofo-p9kCyJoGnW8DNQ8Vd58K
Special Needs Estate Planning Playlist: https://youtube.com/playlist?list=PLrrVKQBBVofpebbVuL0dFey2ehaGy40Et
Professional Series Playlist: https://youtube.com/playlist?list=PLrrVKQBBVofoXPNgR_-6Nxdw08hdX0qih
Financial and Insurance Planning Playlist: https://youtube.com/playlist?list=PLrrVKQBBVofqPOeJ6HYqSmjoc6DXltsWl
COURSES, PROGRAMS, AND WEBINARS
Medicaid Planning Webinar. FREE WEBINAR. When it comes to Medicaid Planning, there is little room for mistakes and hardly no forgiveness for incorrect moves (at least without expensive court intervention). In this free webinar, I review the ten biggest Medicaid Planning mistakes people make. http://www.medicaidplanningwebinar.com.
Special Needs Planning Webinar. FREE WEBINAR. There are very few areas of estate planning more fraught with risk than trying to plan an inheritance for a special needs beneficiary… if you don’t know the basics. In this free webinar, I go through the myths, goals, and proper techniques in estate planning for a beneficiary with special needs. http://www.specialneedsplanningwebinar.com.
Trust Funding Webinar. FREE WEBINAR. It’s not enough to just have a revocable living trust and not ensure that your assets are coordinated with it to avoid probate. It’s like having the world’s best suitcase for your dream vacation, but failing to pack everything you need. In this webinar, I break down the biggest “trust funding fails” I have seen in my legal career. Trust funding doesn’t have to be a complicated mess when you know the basics and reasoning behind the different techniques. http://www.trustfundingwebinar.com.
In-Law Protection Planning. FREE WEBINAR. Unfortunately, not all marriages are “happily ever after,” and sometimes parents see red flags that their married children ignore. There’s not much parents can do in the marriage, nor do they want to, especially when there are grandchildren involved. But this doesn’t mean that you have to risk your hard earned fortune has to end up going to an in-law… or even possibly to their daughter-in-law’s next spouse and his children. http://www.inlawplanningwebinar.com.
Estate Crash Course. What is probate? What’s the difference between a Will and a Revocable Living Trust? What are the big decisions I need to make? There’s a lot of information, misinformation, and folk remedies out there, but I cut through all of that to explain the basics of estate planning in plain English, long before you step foot into the attorney’s office to work on your specific goals and objectives. http://www.estatecrashcourse.com.
VA Pension Crash Course. One of the least known, least utilized benefits available to senior veterans is the Veterans Pension Benefit. This course reviews the ins and outs of the benefit, who it is meant to help, and the all-important four big tests to qualify. http://www.vapensioncrashcourse.com.
The Six Keys to Successfully Planning Your Estate. Get organized in planning your estate through this FREE REPORT before you start spending hundreds of dollars an hour with an attorney. http://www.sixkeysreport.com
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Copyright Disclaimer, Under Section 107 of the Copyright Act 1976, allowance is made for 'fair use' for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use.
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