Archive for the Medicaid Category

MEDICAID INTENTIONALLY DEFECTIVE GRANTOR TRUST (MIDGT)

The Medicaid Intentionally Defective Grantor Trust (MIDGT) might give you the opportunity to have the proverbial cake and eat it too.  Our clients have long used the Medicaid Asset Protection Trust in various forms to shelter some or all of their assets from the ever rising cost […]

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Updating Your Medicaid Plan Upon Death Of Nursing Home Spouse

Medicaid Asset Protection Planning is often entered into by a Community Spouse when his or her spouse is likely to enter a long term nursing home. Often, this planning is geared to protecting the assets for the Community Spouse and insuring their financial future. In these cases […]

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Medicaid Planning Power of Attorney

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 […]

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