Medicaid provides critical support for long-term care, especially for individuals on SSDI who may also qualify for assistance with nursing home costs, in-home care, or assisted living. In Florida, nursing home care alone can average around $10,400 per month , making Medicaid essential for many families facing these expenses. However, after a Medicaid recipient passes away, the program may seek to recover costs through estate recovery—often referred to as a "clawback." The key

Why Adding a Child to Your Assets is Not a Substitute for a Trust We all want to handle our affairs as economically as possible. When looking at the costs of estate planning , it is tempting to find a workaround to avoid probate without paying for a formal plan. A common scenario involves a parent trying to "DIY" their estate plan by simply adding an adult child as a joint owner to a business, a deed, or a financial account. The logic seems sound: If I add them now, they own