The Department of Veterans Affairs (VA) has finalized new rules that establish an asset limit, a look-back period, and asset transfer penalties for claimants applying for VA needs-based benefits. This is a change from current regulations, which do not contain a prohibition on transferring assets prior to […]
Read more →Posts Tagged medicaid asset protection pa
Are there ways to effectively and legally use promissory notes in Medicaid Planning? Promissory notes can be a valuable tool in Medicaid planning. The likelihood that a promissory note will stand up as a planning tool, is illustrated by a recent federal district court case. In order […]
Read more →Gifts to Trust For Disabled Beneficiary. By: Douglas L. Kaune, Esq. As we have outlined on this site and on the Unruh, Turner, Burke & Frees, P.C. Trusts & Estates Blog, a gift of assets will cause an ineligibility period for Medicaid application. This makes gifting on […]
Read more →
