IRS Issues Long-Term Care Premium Deductibility Limits for 2013 The Internal Revenue Service (IRS) is increasing the amount taxpayers can deduct from their 2013 taxes as a result of buying long-term care insurance (LTCI). This is great news for those who are presently paying long term care […]
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Transfer of House From Trust to Husband Subjects Wife to Penalty Period Williams v. Ohio Dept. of Job & Family Servs., 2012-Ohio-4659 In a recent decision, an Ohio appeals court ruled that the transfer of a house from a revocable trust benefiting the husband to the husband’s […]
Read more →The specter of Medicaid estate recovery causes fear for many who are considering the consequences of gifting to qualify for Medical Assistance. However, the speakers at the recent National Academy of Elder Law Attorneys’ (NAELA) 2012 Annual Conference in Seattle, Washington reminded the attendees that through proper […]
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