When can an adult child be liable for a parent’s nursing home bill?November 7, 2018Timothy RiceAlthough a nursing home cannot require a child to be personally liable for their parent’s nursing…Read More
Three reasons why giving your house to your kids isn’t the best way to protect it from MedicaidApril 4, 2018Timothy RiceAre you afraid of losing your home if you have to enter a nursing home…Read More
Proving the hardship exception to the Medicaid penalty periodFebruary 7, 2018Timothy RiceIf you transfer assets within five years of applying for Medicaid, you will likely be…Read More
New protections for nursing home residentsSeptember 22, 2017Timothy RiceObama-era rules designed to give nursing home residents more control of their care are gradually…Read More
New Law Allows Individuals to Create Special Needs TrustsApril 28, 2017Timothy RiceBuried in a new federal law is a tiny change that will now allow individuals…Read More
How Medicaid’s look-back period worksJuly 29, 2016Timothy RiceMedicaid’s look-back period can be confusing, but it’s important because it can have a very…Read More
If you pay relatives to provide care, you might want to have a contract (Part 1)September 3, 2015Timothy RiceA growing number of seniors are providing a salary or other form of reimbursement to…Read More
Nursing home residents should prepare financially in case their spouse dies firstJune 2, 2015Timothy RiceSeniors who are relying on Medicaid to help pay for expensive nursing home care need…Read More
New rules for reverse mortgagesMay 27, 2015Timothy RiceThe federal government has tightened the rules for reverse mortgages, making it harder for some…Read More
A Quick Look at Medicare, Medicaid, and Nursing HomesMarch 10, 2015Timothy RiceMany people are surprised to discover that Medicare actually provides very limited coverage for nursing…Read More
PLANNING OPTIONS TO PROTECT THE FAMILY HOME UNDER THE MEDICAID RULESNovember 14, 2011Timothy RiceMany of my clients ask me how they can protect their house from being lost…Read More
GIFTING CONFUSION: MEDICAID V. ESTATE PLANNINGOctober 28, 2011Timothy RicePerhaps one of the most common misunderstandings of the law that I hear from my…Read More