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< if you go into a nursing home, you can't get at the principal to pay expenses. And I wouldn't plan of Medicaid to pick up the slack.

Your point is well taken.

However, in my cousin's case, she has enough assets (apart from the appreciated property, which I think would be a good candidate for a CRAT), that she could easily cover nursing home costs...

...without Medicaid <shudder>.

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