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Reply Dec. 14, 2020 The Truth about Medicaid Rules and Long-Term Care Costs at Noah Webster Library on January 5, 2021 Long-term care is necessary for a lot of people. But long-term care in Connecticut is expensive. VERY expensive. Subscribe You ve likely heard horror stories of people losing their houses to pay for care. Or about nursing home costs being over $13,000 per month. What s worse is the misinformed advice that is often heard through the proverbial grapevine: It s OK to give away $15,000 per year If your money is in a trust, it s safe You can just give your house to your kids These statements aren t necessarily true! Long-term care planning MUST be done the right way. If it s not, your assets might be at risk.

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