Medicaid Planning Strategies

We’ve all heard that it’s better to give than to receive, but if you think you might someday want to apply for Medicaid long-term care benefits, you need to be careful because giving away money or property can interfere with...

Medicaid 101

Once someone enters a nursing home, it isn't always easy to move out again . . .

Medicaid 101

Twenty-eight states currently have laws making adult children responsible for their parents . . .

Medicaid 101

While joint accounts can be useful in certain circumstances, they can have dire consequences if not used properly.

Medicaid 101

Many people believe that Medicare covers nursing home stays. In fact Medicare's coverage of nursing home care is quite limited.

Medicaid 101

For most people, receiving an inheritance is something good, but for a nursing home resident on Medicaid, an inheritance may not be such welcome news...

Medicaid 101

Although many people are willing to voluntarily care for a parent or loved one without any promise of compensation, entering into a caregiver contract with a family member can have many benefits. ...

Medicaid 101

In 2002, the U.S. Supreme Court issued a decision allowing states to use what is known as the "income-first" rule. Because of this decision, depending on the state, a community spouse of a Medicaid recipient could quickly be thrown into poverty...

Medicaid 101