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Is Transferring Assets to Qualify for Medicaid Against the Law?

On February 6, 2017   /   Asset Protection, caregiver assistance, Elder Law, estate planning, Financial Abuse of Elderly, Gifting, Irrevocable Trusts, Long Term Care Insurance, Medicaid, Power of Attorney, Trusts, Uncategorized, Wills  

Is Transferring Assets to Qualify for Medicaid Against the Law? You may have heard that transferring assets, or helping someone to transfer assets, to achieve Medicaid eligibility is a crime. Is this true? The short answer is, no.  For a brief period it was, and it’s possible, […]

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The Official Medicaid Spousal Impoverishment Allowances for 2017

On February 1, 2017   /   Asset Protection, caregiver assistance, Elder Law, estate planning, Financial Abuse of Elderly, Medicaid, nursing home, Uncategorized, Wills  

The expense of skilled nursing home care in Pennsylvania ranges from $6,000 to $11,000 a month and, at those rates, can quickly reduce the lifetime savings of elderly couples to zero. There are federal laws in place to protect the financial well-being of a spouse at home […]

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WHAT is a will and WHY should I have one?

On January 27, 2017   /   Asset Protection, Elder Law, estate planning, Gifting, guardianship, Trusts, Uncategorized, Wills  

What is a will and why should I have one? A will is a legally executed document which explains how, when and to whom a person would like his or her property to be distributed after death. Under Pennsylvania law, an individual may prepare a will in […]

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