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LONG TERM CARE INSURANCE - STATE PARTNERSHIP
If you have a Long Term Care Policy you need to check to see if they have a partnership with your state. If they do, and for example, they spend $20,000 for your care in your home but you are now down to your last $20,000 you can go on State Aid and keep your $20,000. This is a federal law enacted in 2008. Check it out with your insurance agent.
KEEPING YOUR HOUSE
Check out YOUR state laws. In Arizona (per ALTCS) if your house is NOT in a Trust you can keep it and live in it until you die and be on State Aid (ALTCS). After you die, the state will try to recover some of the money they spent on you.
However, if your house is in a Trust, it's considered an asset, you'll have to sell it and spend down your money until you meet the asset requirement for State Aid. Check it out with an attorney.