Giving Assets Away in Order to Qualify for Medicaid can Penalize or Disqualify your Eligibility.

Feb. 23, 2011 - PRLog -- Meeting the criteria for Medicaid is often difficult.  Many people give away their assets in an attempt to qualify, but this is a mistake; one that can cause up to five years of ineligibility or even disqualify you permanently from Medicaid benefits.  
Naked in the Nursing Home, the newest book by Harold Lustig which is due out in April,  explains how to best become eligible for Medicaid, and provides lists of the best people to consult before making important decisions about health care and insurance. There have been recent changes to Medicare, Medicaid, and nursing home benefits making them difficult to understand, and allowing available benefits to go unused. Naked in the Nursing Home can help simplify insurance and financial planning for long term care.  
Naked in the Nursing Home provides readers with easy to implement plans to help protect their assets, find the most appropriate insurance for their needs, learn about wartime veteran long term care benefits, protect valuable government benefits for nursing home care, and ensure safety of the elderly. Harold Lustig also provides clear action steps for readers to find a good elderly law attorney to explaining how to choose the proper nursing home.  Readers will also have a clearer picture of when to cover health care costs with Medicare and Medicaid, and ways that they can start preparing now for future financial burdens.
Please contact pr@bloomingtwig.com for more information.
About the Author:
Harold Lustig is President of the California Estate and Elder Planning Center and the Managing Member of Lustig Financial Services, LLC.  He has been a financial insurance and long term care planning advisor specialist for more than 32 years and has been specializing in the needs of seniors and their families for the last 12 years.  Harold is a Chartered Life Underwriter (CLU) and a Chartered Financial Consultant (ChFC) and is registered in the State of California as an Investment Advisor.

Harold has been quoted in the Boston Globe, Mercury News, the old San Francisco Examiner and his articles have appeared in the Investment Advisor, the Accountant, and the Society of Certified Senior Advisors.  Harold is also a syndicated columnist on Patch.com and author of 4 Steps to Financial Security for Lesbian and Gay Couples. Harold is also a member of the National Speakers Association. He has spoken nationally for the Financial Planning Association Advanced Estate Planning Retreats in Houston and Tampa as well at several FPA Regional Conferences in San Francisco.

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Blooming Twig, based in New York City, is the publisher of award-winning books that matter, from self-help to children’s fiction. We publish between 15 and 20 new titles each year, and are distributed in the United States and internationally.