Elder Law Answers
Questions & Answers
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 Mom Have Enough Money If Dad Needs 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
Can I Get My Farm Back If I Put My Daughter on the Deed?
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 Dad Money to Pay Nursing Home Bills for 5 Years?
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
Can Mom Buy a New House With Me and Still Get Medicaid?
I am hoping to buy a home and use some of the funds from the equity of my mother's home as down payment. My mother would also live there and have her name on title. My question is this: Can...
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- Medicaid Planning
