Elder Law 101

In order to be eligible for Medicaid benefits a nursing home resident may have no more than $2,000 in "countable" assets (the figure may be somewhat higher in some states). ...

Medicaid 101

In order to be eligible for Medicaid, you cannot have transferred assets recently. Congress does not want you to move into a nursing home on Monday, give all your money to your children on Tuesday, and qualify for Medicaid on...

Medicaid 101

The VA offers two disability programs: Disability compensation and disability pension.

Elderlaw 101

The U.S. Department of Veterans Affairs (VA) offers a number of long-term care options through its health plan.

Elderlaw 101

The U.S. Department of Veterans Affairs provides preventative services, diagnostic and treatment services, and hospitalization to veterans.

Elderlaw 101

The U.S. Department of Veterans Affairs provides a number of health care services, including nursing home and other long-term care options.

Elderlaw 101

A promissory note is normally given in return for a loan. Classifying transfers as loans rather than gifts can be useful because it sometimes allows parents to "lend" assets to their children and still maintain Medicaid eligibility.

Medicaid 101

Immediate annuities can be ideal Medicaid planning tools for spouses of nursing home residents. Careful planning is needed to make sure an annuity will work for you or your spouse. ...

Medicaid 101

There are a number of different kinds of trusts, but they fall into two basic categories: testamentary and inter vivos. One goes into effect while you’re alive and the other only after death. Which do you need?...

Elderlaw 101