Some 30 states currently have laws making adult children responsible for their parents if their parents can't afford to . . ....Read more
Poll Finds Most Americans Support Right of Elderly to Transfer Assets
- July 1st, 2005
A new public opinion poll by the nonpartisan Kaiser Family Foundation concludes the majority of Americans oppose eliminating the ability of middle class elderly to transfer their assets to children in order to qualify for Medicaid. Of those responding to the poll, 55 percent opposed this proposal, while 37 percent favored it. The poll also found that 82 percent of respondents believe it is essential that Medicaid cover nursing home care.
The poll revealed that public attitudes toward Medicaid are remarkably positive, and opposition to cuts is reasonably strong. The survey found that 80 percent of Americans want to either increase federal Medicaid spending or maintain current levels. Meanwhile, 52 percent "strongly oppose" cutting back on their state's Medicaid program, and another 22 percent "somewhat oppose" such cuts.
For more on the Kaiser Family Foundation survey, click on: http://www.kff.org/medicaid/pomr062905pkg.cfm
Local Elder Law Attorneys in Ashburn, VA
The Estate Planning & Elder Law Firm PC
Bill founded The Estate Planning & Elder Law Firm, P.C. in 1994. Bill limits his practice to the areas of estate planning and administration, incapacity planning, Medicaid, asset protection planning, and elder law. He is one of (15) fifteen attorneys practicing in Virginia, Maryland and the District of Columbia, ce...
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...