Reference no: EM132930586
Question 1: The primary disadvantage to our May/December couple of a procedural strategy that relies on Medicaid, from the planner's perspective, is:
a. The required loss of home
b. The choice of long term care facilities
c. The required spending of assets to a very minimal level
d. The fiscal stability of Medicaid
Question 2: Continuing Care Retirement Communities:
a. Provide progressive care to residents
b. Combine independent living, assisted living, memory or special care and skilled nursing home care in a tiered approach
c. Provide comprehensive care for the maintenance of the homes within the community
d. Are resort communities restricted to owners age 65 and older
Question 3: Eligibility for long-term care benefits is based upon:
a. Long term care insurance policy deductibles
b. Functional ability, cognitive ability or medical necessity
c. Loss of ability to drive
d. Availability of pooled resources