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ElderLawAnswers Creates a Handy Guide to the New Medicaid Transfer Rules
- March 5th, 2007
We have added a new section to "ElderLaw Info-Medicaid" that briefly summarizes the provisions of the Deficit Reduction Act of 2005 (DRA) affecting Medicaid coverage of long-term care. The DRA cuts nearly $40 billion over five years from Medicare, Medicaid, and other programs and places severe new restrictions on the ability of the elderly to transfer assets before qualifying for Medicaid coverage of nursing home care. The new section provides a summary of all the changes brought on by the DRA.
You can see the new information under "Medicaid" in our "ElderLaw Info" section, which offers information on key elder law topics, or click here.
Local Elder Law Attorneys in Ashburn, VA
Farr Law Firm
In practice since 1987, Fairfax Attorney Evan Farr is widely recognized as one of the leading Elder Law, Estate Planning, and Specials Needs attorneys in Virginia and one of foremost experts in the Country in the field of Medicaid Asset Protection and related Trusts. Evan Farr has been quoted or cited as an expert by n...
Law Offices of John L. Laster
John Laster is a lawyer licensed to practice in Virginia, Maryland and the District of Columbia. He limits his practice to wealth transfer planning, trusts, wills, powers of attorney, health care decision-making issues, estate administration and related tax, elder law and disability concerns. Listed in The Best Lawyers...
Hammond and Associates, LLC, Elder Law, Estate Planning, Wills, Trusts, Probate
For Jeffrey Hammond, the practice of Elder Law is personal. Jeff’s many years of experience in law and in business did not prepare him for the crisis he faced in 2005 and 2006 when his father suffered a stroke and both of his parents suffered from dementia and other medical problems. At that time, Jeff began an i...