Archive for the Long Term Care Insurance Category

2019 Medicaid Reference Guide

  The 2019 Medicaid numbers are out and they again serve to underscore the need to be proactive with your asset protection planning. If you plan ahead to protect your assets and qualify for Medicaid, you will avoid the need to run around frantically wondering what to […]

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Is Transferring Assets to Qualify for Medicaid Against the Law?

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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Long Term Care Insurance Premiums are Tax Deductable

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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