Medicaid Planning

While an annuity might serve you well from a financial planning perspective, financial planners and clients must be aware of the...

Co-authored by Joanna C. Feldman The truth is that very often, “elder law” attorney is a misnomer as it pertains to many of our clients....

We have all heard the saying “life is full of regrets”.  I have compiled a list of the most common regrets that I often hear from...

Co-authored by Joanna C. Feldman We’re so glad you asked this question, which shows pervasive misinformation that causes unnecessary...

Obtaining eligibility for Medicaid often requires transferring assets to a spouse or other family members.  When transferring assets, one...

For many families, a good portion of their wealth exists through the equity in their home.  The home may also be the most sentimental...

A 529 plan is a very common planning technique used by grandparents to fund a grandchild’s college education.  Simply stated,...

Contrary to popular belief, it is never too late.  An elder law attorney can work to implement many different techniques even at the...

In a perfect world, everyone would craft an estate and elder care plan well in advance of having to implement it˗ but the world isn’t...

Annuities are very complicated and often sold to individuals without considering their interplay with Medicaid eligibility.  While there...

You may be afraid of losing your home if you have to enter a nursing home and apply for Medicaid. While this fear is well-founded,...

Generally, in determining the Medicaid eligibility of a person receiving nursing facility services, any gifting of assets made by the...

Your spouse might be able to access your bank accounts but he will be very limited in doing much else. A properly drafted power of...

State laws vary considerably, so you should confirm this response with a local elder law attorney. But here are the general rules: the...

The median cost of a private nursing home room in the United States has increased to $97,455 a year, up 5.5 percent from 2016, according...

Often confused, the look-back period and the penalty period are two distinct concepts in Medicaid planning.  It is important to...

Many seniors and their families don't use a lawyer to plan for long-term care or Medicaid, often because they're afraid of the cost. But...

Unfortunately, we cannot control if and when we may fall ill but we can be proactive to protect our financial assets by planning early....

It is worth noting at the outset that there are many types of irrevocable trusts.  I think it is safe to assume that when you reference...

For 2017, the federal lifetime estate and gift tax exemption have increased to $5,490,000.  This means that you can gift this amount over...