Medicaid Planning Strategies

Here are some issues grandparents should consider before making gifts to grandchildren or other family members.

Many seniors consider transferring assets for estate and long-term care planning purposes, or just to help out children and grandchildren.

I heard about something called a “Lady Bird deed” that could be useful if I need to apply for Medicaid. What exactly is it and why is it named that?...

Medicaid 101

For many Medicaid applicants, individual retirement accounts (IRAs) are one of their biggest assets.

Medicaid 101

A fear that the government will seize their house after they die is causing some people to not sign up for expanded Medicaid under the Affordable Care Act.

When one member of a couple moves to a nursing home, we expect that spouse will be the first to die, but this isn’t always the case. What happens if a Medicaid recipient's spouse dies first?...

Medicaid 101

A federal court has ruled that banks can’t foreclose on surviving spouses of reverse mortgage holders when the spouses can’t pay off the mortgage. ...

When one spouse qualifies for Medicaid to pay for a nursing home stay, the spouse who is at home is often left without many resources.

Medicaid 101

In order to qualify for Medicaid, you can't have more than $2,000 in assets (in most states). Many people forget about life insurance when calculating their assets, but depending on the type of life insurance and the value of the...

Medicaid 101