I have met with a number of children who would like to enter into Medicaid and Nursing Home Planning for their incompetent parent. They want to do so using a General Durable Power of Attorney prepared by another attorney many years ago. After a review of the […]
Read more →Archive for the Asset Protection Category
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 […]
Read more →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 […]
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