FinanceMAPT
#RI-6a0e9489·8 months ago·
1
“Set up a MAPT for my 73 y/o single mom”
What Actually Happened
Upfront cost is $6,400, but may be worth it for Medicaid benefits
What I wish I knew
"Consult multiple elder care attorneys for quotes"
Advice to Someone Facing This Now
If I could tell you one thing
"Weigh costs and benefits before setting up a MAPT"
Regret Index
6/10
Clear regret.
The downsides outweighed what was gained.
The downsides outweighed what was gained.
Advice for Someone Facing This
Short, upvotable wisdom. The most helpful rises to the top.
No advice yet. Be the first to share wisdom.
Finance Category
2,949
Finance decisions logged. Avg regret 4.9/10 across the category.
Same Outcome Band
8%
of Finance decisions land in the regret band the same as this one.
React, question, or discuss this decision.