Skip to main content
Message Font: Serif | Sans-Serif
No. of Recommendations: 4
You can't if your medical bills wipe you out.

Perhaps you're thinking about what would happen should you be in a position that long-term care was required for one or both of you. If it's both of you you'll pay until your money runs out, then Medicaid will take over.

If only one of you should need long-term care there are anti-impoverishment provisions that protect the "healthy" spouse from losing everything. The rules and process vary by state. You can learn more from an attorney who specializes in the issue.

Rule Your Retirement Home Fool
Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.