Overcoming Medicaid Roadblocks: How to Handle Existing Annuities
Certain assets pose a problem when it comes to Medicaid planning, and one of the trickiest roadblocks to overcome is an existing annuity. Does it have cash value? Does it need to be sold on the secondary market?
Learn how to navigate these troublesome assets with ease during this session with Krause Financial President, Thomas Krause, J.D.
In this webinar, Tom will cover:
- The different types of annuities and how they impact your client's Medicaid eligibility
- When a Section 1035 Tax-Free Exchange may be a viable option to eliminate the annuity
- How selling an annuity on the secondary market works and what to expect from the process
Tom will also explore when an existing annuity is treated as an asset or a divestment and key contract language to be on the lookout for. Register now!
