Our clients are looking for ways to be able to shift their family assets to the next generation without being lost on the already staggering costs of long term nursing home care. Medicaid and Nursing Home Asset Protection Planning can take many forms. One of the tools […]
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The gifting of assets in order to protect them from being spent on long term nursing care is a common Elder Law planning option. The initial decision to make gifts will be dependent on various factors including, but not limited to, the Medicaid gifting rules, the total […]
Read more →Clients who want to protect assets from the expense related to the future need for long term nursing care choose to transfer some or all of their assets to a Medicaid Asset Protection Trust. The capital gains tax basis for assets transferred to the Medicaid Asset Protection […]
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