How Long Does It Take for An Estate to Be Settled?

My estranged father passed away in November 2016. I am still waiting for the estate to be settled. How long does this generally take?

See the Answer

Are Payments to Third Parties Subject to the Five-Year Look-Back Period When Applying for Medicaid?

Are payments to third parties subject to Medicaid’s five-year look-back rule? If I purchase item(s) for my child, but make the check out to a third party (i.e., check paid to retailer for appliances, to firm for landscaping services, to roofing company for new roof, etc.), are these also subject to the five-year...

See the Answer

How Do You Determine the Cost Basis of an Inherited Property If There Was No Appraisal?

If a property appraisal was never obtained when a parent died (2016), how can we determine the cost basis in order to calculate the capital gains taxes? Four siblings inherited the home and plan to sell it.

See the Answer

Can We Have a Medicaid Lien Removed From My Father's House if He Returned Home Before He Died?

A Medicaid lien was never removed from my father’s house after he returned home from a rehab/nursing home facility in N.Y. Now since his passing, in trying to sell the house the lien shows up. Anything we can do?

See the Answer

Can a Mother Transfer Her IRA to Her Disabled Son Before She Applies for Medicaid?

My mother-in-law has an IRA. She is applying for Medicaid and moving to an assisted living facility. My husband is permanently disabled, and I have read that it is okay to transfer assets to a disabled child. Can she liquidate the IRA and then give it to my husband? Does my mother-in-law have to report the IRA as incom...

See the Answer

Can a Medicaid Recipient Keep Secondary Insurance?

Where do I go to find something about retaining secondary health insurance while a senior citizen is in a nursing home? Medicaid wants the money that we pay monthly for my 86-year-old mother-in-law's secondary insurance. The elder law attorney told us that we could keep that insurance policy in effect. I need somet...

See the Answer

Is There Any Downside to Bringing a Medicaid Recipient Home From a Nursing Home?

My mother has been receiving Medicaid in a nursing home for four years. Now we want to bring her home (to her daughter's) for the remainder of her days. What is the disadvantage in doing so?

See the Answer

Do I Have to Account to My Mother's Nursing Home for How I Spend Her $60 Allotment From Her Social Security Check?

After my mother has been living in a nursing home for a year, the nursing home just asked me to provide receipts for how I spend my mother's $60 a month allotment from her Social Security check. They say it has always been a government requirement. I am her guardian and have never heard of this in the state of Texa...

See the Answer

Do I Qualify for Medicaid's Caretaker Exemption If I Took a Six-Month Break in Caring for My Parents?

I would like to know whether I would qualify for the caretaker exemption under Medicaid rules if my parents transferred their home to me. I have been caring for my elderly parents in their home in New York State for more than two years. However, for a period of approximately six months I transferred them to an assisted...

See the Answer

How Can My Parents Protect Their Savings When They Apply for Medicaid?

When they were working, my parents saved $50,000 for any major health expense they might have. Currently they live with me and only receive Social Security, which is not enough for them to live on their own. I would like to apply for Medicaid on their behalf so they can get some extra help. How can I protect their savi...

See the Answer

Recent Articles