Article by: Douglas L. Kaune, Esq. 610 933 8069 Typically, gifts made by someone during the 5 years prior to applying for Medicaid in Pennsylvania (PA) will cause him or her to be ineligible to receive such benefit to pay for either nursing home or at home […]
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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 […]
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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