Medicaid and Long-Term Care – planning ahead! Long-Term Care & Medicaid Planning for Seniors is like understanding how Medicaid, a government program for low-income individuals, can help pay for long-term care for seniors who have depleted their assets. Medicaid has specific eligibility requirements for income and assets. Medicaid planning involves legally structuring your finances to meet Medicaid eligibility rules while protecting some assets for yourself and your family. The twist? Medicaid planning is complex and requires careful legal and financial advice. It’s like navigating a legal maze to access government benefits. Planning ahead for potential Medicaid eligibility can be important for seniors who are concerned about long-term care costs and asset protection. Actionable Tip: Understand that government assistance programs like Medicaid have eligibility rules and planning strategies associated with them. Learning about social welfare programs and eligibility requirements is important for civic awareness.