Elder Law Answers
How Much Can I Give Away Each Year?
How much money can I gift to my children and grandchildren each year without tax penalties to me or to them? ...
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- Senior Living
Questions & Answers
Can I Get Social Security From any of my Ex-Husbands?
I was married to my first husband for 14 years, until he died. I got married again for another 18 years, until the second husband's death. A few months before I turned 60 I married for a third time. Now, approaching age...
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- Social Security
What Do We Do When the Medicaid Agency Won't Respect Our Power of Attorney?
My 89-year-old mother-in-law was cut off from Medicaid because she did not fill out some forms. She has been in and out of the hospital the last few months and is now on her deathbed in the hospital. When we...
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- Medicaid Rules
How Will a Gift to Charity Affect My Medicaid Application?
Is a charitable gift to a community foundation subject to Medicaid look-back? I would like to give some money to a local foundation so they can set up a fund to distribute grants to certain area charities. If I have...
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- Medicaid Rules
Will Cash Payments to a Caregiver Disqualify Mom from Receiving Medicaid?
My mother-in-law is widowed and has been bedridden for one-and-a-half years. We currently have live-in help to assist her 24/7 in her own home. We have been paying this person in cash without a detailed paper trail of expenditures. If...
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- Medicaid Rules
Can a Grandchild Qualify Under the Caretaker Child Exception for Transfers?
On the advice of my mother's attorney and because of my mom's advanced dementia, we were encouraged to transfer the title of her home to my sister, my brother, and me equally. My sister's son, moved in with mom over...
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- Medicaid Rules
Can My Mother Transfer Her Life Insurance Policy to My Disabled Sister?
My mother's life insurance policy was purchased to benefit my disabled sister, who receives Social Security disability benefits. My mother is applying for Medicaid and the policy's value is too high. She needs to spend down the policy in order...
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- Special Needs Planning
Will Medicaid Count My Gifts for My Parents as Income?
I own the home my parents live in and I gift to them a combined $26,000 each year. These funds are used to pay their health insurance supplement, long-term care policies, and living expenses. We are looking at moving them...
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- Medicaid Rules
Will Gifting a House to Repay a Debt Affect Medicaid?
My mother has had financial issues for the past nine years. Over the course of that time, I have: loaned her money (that has yet to be repaid); provided for her room and board for a period of 18 months;...
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- Medicaid Rules
