LAW: Estate Administration and Probate Practice
This assignment assesses concepts based on the Unit 7 readings and resources. There is 1 essay question included. Your answer should consist of at least 3-4 paragraphs, using your textbook as a
source. You may use outside sources to enhance your answer. Review your answer and compare it to the question to ensure you answered what is being asked. If there are multiple parts, be sure to
answer each part completely.
Write a paper that includes your answer to the following essay question:
1. Explain the pros and cons of Medicaid planning for long term care versus obtaining private long term care insurance. In your response, discuss the process of spending down and address whether the practice is ethical. Remember, there is a difference between ethical and legal, so just because it may be legal, is it also ethical? (3-4 paragraphs)
Reading material is from Wills, Trust, and Estate Administration 8th Edition. Chapter 15: Long-term Care.