Clients frequently come to our office to ask questions about the financial options available to them as they plan for their own, or a loved one’s, long term nursing care. There is often an internal conflict as individuals debate the pluses and minuses associated with a possible […]
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Many people believe gifting automatically causes a period of Medicaid ineligibility. However, you can make small gifts of $500 (total) each calendar month without causing a day of ineligibility for receipt of Medicaid in the nursing home setting. This will result in $6000 of additional annual penalty […]
Read more →Are you or is a loved one facing the need for long term nursing home care? Do you want to protect the assets for a disabled child or other disabled beneficiary. There is a little known exception to the usual five (5) year look back/ineligibility rules for […]
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