Questions & Answers
Can I Collect Social Security Benefits While I'm Working?
What Is a Special Needs Trust?
Special needs trusts (also known as "supplemental needs" trusts) are an important component of planning for a disabled child (even though the child may be an adult by the time the trust is created or funded).
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- Special Needs Planning
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- SNT
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- special needs trust
Can My Father Pay My Brother Rather Than a Nursing Home for Care?
I am in the position where I have to decide whether to put my father in a nursing home or not. I have found a facility that seems appropriate and costs $4,500 per month. My brother has said he would...
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- Senior Living
Will Putting My Daughter's Name on My Accounts Affect Her Credit Rating?
I recently put my daughter on my bank accounts. I did this in the event that I took ill and could not pay my bills. I felt it was the easist way for her to handle things if this event...
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- Estate Planning
Will My Mother Be Financially Protected If My Father Moves to a Nursing Home?
Currently, my father is living at home and cared for by myself and my mother. But my mother is panic-stricken about the what ifs of nursing home care and the community spouse. My parents still owe $94,000 on their home.
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- Medicaid Rules
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- Medicaid Planning
What Happens When a Medicaid Recipient Receives an Inheritance?
My mother is currently on Medicaid. She has Alzheimer's Disease. We have been informed that she will be receiving a inheritance from a recently deceased family member. How does this work with Medicaid? I know that she will no longer...
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- Medicaid Rules
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- Medicaid Planning
If I Gifted My Property to My Daughter Without Getting the Deed Notarized, Can I Get It Back?
We added one of my children to the deed on our property via a quitclaim deed. We signed at home with no witnesses or notary. My husband died in 2006 of cancer. I want to sell the farm and move,...
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- Senior Living
Can I Gift My Father Money to Pay His Nursing Home Bills Until the Five-Year Lookback Period Is Over?
My father gifted some rental real estate to me in the neighborhood of $350,000. I have come across the rules on the five-year lookback for Medicaid. My father has had some health problems in the past but he is doing...
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- Medicaid Planning
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- Medicaid Rules