How Agents Should Approach Non-Compliant Annuities in Medicaid Planning

Certain assets pose a problem when it comes to Medicaid planning, and one of the trickiest roadblocks to overcome is an existing, non-compliant annuity. Learn how to navigate these assets with ease during this session with Thomas Krause, J.D.! In this webinar, he will cover:

• The different types of annuities and how they impact Medicaid eligibility
• When a Section 1035 Tax-Free Exchange can be used to eliminate the annuity
• How selling an annuity on the secondary market works and what to expect from the process

Tom will also explore when an existing annuity is treated as an asset or a divestment, key contract language to be on the lookout for, and a unique commission opportunity for agents in this scenario.