Medicaid Planning

Promissory notes can be a valuable tool in Medicaid planning, as illustrated by a recent federal district court case.

For many Medicaid applicants, individual retirement accounts (IRAs) are one of their biggest assets.

Whether you should prepare and file a Medicaid application by yourself or should hire help depends on answers to the following questions:...

In order to qualify for Medicaid, you can't have more than $2,000 in assets (in most states). Many people forget about life insurance when calculating their assets, but depending on the type of life insurance and the value of the...

When one spouse qualifies for Medicaid to pay for a nursing home stay, the spouse who is at home is often left without many resources.

A federal court has ruled that banks can’t foreclose on surviving spouses of reverse mortgage holders when the spouses can’t pay off the mortgage. ...

When one member of a couple moves to a nursing home, we expect that spouse will be the first to die, but this isn’t always the case. What happens if a Medicaid recipient's spouse dies first?...

The Centers for Medicare & Medicaid Services (CMS) has released the 2014 federal guidelines for how much money the spouses of institutionalized Medicaid recipients may keep and the limit on how much a home can be worth for its owner...

A fear that the government will seize their house after they die is causing some people to not sign up for expanded Medicaid under the Affordable Care Act.