SOURCE: Antony Turbeville Financial Planner

Antony Turbeville Financial Planner

November 07, 2014 22:46 ET

Antony Turbeville of Platinum Benefit Planning, Inc. Offers Medicaid Application Services to Nursing Homes

LAKELAND, FL--(Marketwired - Nov 7, 2014) - Just the phrase "nursing home" can conjure up fear and worry in any older American. It implies not only the loss of independence, but also a looming cost, often a significant one given that nursing homes can run between $40,000 and $180,000 annually, depending on the location and quality of care. The sad fact too is that many people end up paying for a nursing home from their retirement savings until they run out and can qualify for Medicaid to pick up the cost. However, there are legal and ethical ways to account for assets so that a person may qualify for Medicaid without having to go broke. Platinum Benefit Planning, Inc., of Lakeland, Florida can help provide security for nursing home residents without needing to deplete assets. Run by Antony Turbeville, the company has helped nearly 4,000 families throughout the State of Florida strategically protect an estimated $300 million in assets.

Medicaid's program laws and regulations can be confusing, and they change frequently, sometimes without notice. It is essential to have an expert examine each situation and see what might be done. In addition to paying for nursing costs through the Institutional Care Program (ICP), it may also be possible to have in-home care paid for through the Medicaid Diversion program. Platinum Benefit Planning utilizes both common and proprietary asset protection strategies along with proprietary planning software to accomplish tax efficient preservation of the family fortune.

"Medicaid planning should not be ignored, because long-term care costs can quickly deplete a life savings and therefore destroy a 'family's fortune'," says Antony Turbeville. "The costs of long term care are often as much of a legacy issue as a healthcare issue. It's never too late to change the family financial destiny. Our organization can meet with a patient or legal representative at the nursing home, if necessary, to determine the best strategy to properly restructure and protect the patient's assets."

Antony Turbeville has taught Financial Planners, Accountants, Insurance Agents and Attorneys his complex planning concepts and strategies that focus on tax-sensitive asset protection. His expertise has made him a frequent guest speaker at numerous organizations, on talk radio shows and public television. He is devoted to working with the local community, having joined the Child Development Center of Polk County in 1992. The Center is a charter school dedicated to helping children with learning delays and/or disabilities from birth until age six. Through his work and guidance, he helped the school regain its financial stability, increase its fundraising and expand into additional locations. He is also a founding director and former Chairman of the Board (2005 - 2011) at Community Southern Bank in Lakeland, FL., which was built on the principles of personal service and fiscal responsibility. He has been happily married since 1987 to his wife, Lisa, and is a proud father of two children.

To learn more about Antony Turbeville, visit: http://www.AntonyTurbevilleNews.com

Twitter: http://twitter.com/TurbevilleTony

Facebook: http://www.facebook.com/PlatinumBenefitPlanning

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