Medicaid Planning

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...

A recent Connecticut case highlights the risk to family members of nursing home residents who don't live up to their financial commitments . . . ...

The final budget deal Congress passed to avert the “fiscal cliff” repeals a long-term care insurance program that would have helped keep the elderly and disabled out of nursing homes and off the Medicaid rolls.  In its place, the budget...

While Medicare gets most of the news coverage, Medicaid still remains a bit of mystery to many people.

The federal government is eliminating its most popular reverse mortgage.

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

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

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.

When one spouse is in a nursing home and applying for Medicaid, planning has to take into account the possibility that the spouse who is not in the nursing home (called the "community spouse") may pass away first.