Referral from a Financial Advisor**

Situation: A financial advisor’s elderly client had concerns about using a large amount of his liquid assets to pay for his wife’s care at home. While the client’s questions were primarily focused on interest bearing accounts, the advisor, having recently attended one of SRC’s educational seminars on asset preservation, suggested that the family give us a call.

SRC Solution: We provided guidance to the financial advisor’s client on how to:

• protect the home under the current Medicaid laws,
• preserve and extend the available liquid assets to maximize care dollars, and
• advise on care options and/or appropriate alternative living environments.