There are many misconceptions about how to pay for nursing home care that make it hard and even frightening for families to make solid financial decisions about caring for aging loved ones.

Some say family members of senior citizens have to "spend down" all of their assets to pay for nursing home costs before they can qualify for government benefits like Medicaid. That leads many to use up all their resources before looking for Medicaid to kick in.

It doesn't have to work that way. Alabama Family Trust can help clear up confusion and guide families toward making well-informed, successful financial decisions that will ensure their loved ones are well taken care of in their final years of life.

How does AFT do it? AFT sets up special needs trusts for senior citizens in nursing home care. Investing assets with AFT can protect loved one's financial resources while not affecting Medicaid eligibility. Funds in the special needs trust can be used to cover services and items that are not paid for by Medicaid.

AFT has the experience and expertise needed to protect the elderly. Below is more information regarding nursing homes, Medicaid, and the truth behind the myth of having to spend-down assets.  

Read more about how we protect assets from spend-down on our Blog!