Medicare pays exactly $0 for dementia care.

Because of a political compromise made in 1965, the daily, long-term care that dementia actually requires is not covered, which is why a lifetime of savings can vanish in under two years. - Neal K. Shah
When that reality hits, families panic and make one of five predictable mistakes: 

• waiting too long on a power of attorney, 
• adding a child to a bank account, 
• assuming Medicare will step in, 
• triggering the Medicaid 5-year look-back, or 
• spending down a healthy spouse into poverty. 

Each one can legally freeze the money, trigger a federal penalty, or forfeit protections worth hundreds of thousands of dollars.
In this video I walk through the five catastrophic financial mistakes families make after a dementia diagnosis, the simple legal moves that protect your home and savings, and a forgotten government benefit that pays thousands of dollars a month, tax-free...