How the New 2022 Gift Tax Exclusion Can Work for You
The IRS’ decision to increase the federal gift tax exclusion is welcome news to people…
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Medicaid
How the New 2022 Gift Tax Exclusion Can Work for You
The IRS’ decision to increase the federal gift tax exclusion is welcome news to people…
Read MoreHow Does Medicaid Work Generally?
One of the most common questions seniors ask our firm is how Medicaid works and…
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How to Protect your Assets from Medicaid
For elderly adults who are looking to enter a nursing home or long-term care facility,…
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AVOIDING MEDICAID PENALTY PERIOD FOR A HOUSE TRANSFER
Under the laws of most states, when you transfer your house to a child or…
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The Medicaid Application Process
The Medicaid application process can be complicated so it’s important for families to know what…
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Use a lawyer for Medicaid planning
Many seniors and their families don’t use a lawyer to plan for long-term care or…
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Increase in nursing home closures across U.S.
Choosing nursing home care can be a big, emotional decision. Long-term care is a sizable…
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When can an adult child be liable for a parent’s nursing home bill?
Although a nursing home cannot require a child to be personally liable for their parent’s nursing…
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Three reasons why giving your house to your kids isn’t the best way to protect it from Medicaid
Are you afraid of losing your home if you have to enter a nursing home…
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Proving the hardship exception to the Medicaid penalty period
If you transfer assets within five years of applying for Medicaid, you will likely be…
Read MoreNew protections for nursing home residents
Obama-era rules designed to give nursing home residents more control of their care are gradually…
Read MoreNew Law Allows Individuals to Create Special Needs Trusts
Buried in a new federal law is a tiny change that will now allow individuals…
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