Elder Law Answers
If My Husband Enters a Nursing Home, Can I Keep Some of His Income to Meet My Own Expenses?
My husband suffers from dementia. He is currently on Medicaid and Medicare and receives $1,800 a month in disability payme...
Read moreShould Our Parents Keep Giving Us Gifts if They Might Enter a Nursing Home?
- August 27th, 2013
Q
Although my siblings and I are not in favor, my parents have health issues that might require one or both to go into a nursing home down the road. My parents have been giving us money for birthdays and Christmas (as much as $1,000 per child) and we are concerned that if they have to go to a nursing home in less than five years from now we might have to pay back this money. Are our concerns justified?
A
Yes, those concerns are justified. Your parents should make no future gifts without first consulting with a local elder law attorney. That said, the past gifts may or may not be a problem and it may be possible to make some future transfers. That depends on your parents' health and financial status and many other factors. A qualified elder law attorney would be able to advise your parents and their family how best to proceed.
Local Elder Law Attorneys in Ashburn, VA
Meet Susan Pollack
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Susan Pollack
Needham Mitnick & Pollack, PLC
Susan Pollack served as Chairperson of the Falls Church Senior Citizens Commission from 1997 to 2011 and was on the Executive Board of the Falls Church Education Foundation. She has also served on the Board of Directors of the Alzheimer’s Association of the National Capital Area and is a member of the Arlington B...
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Meet Evan Farr
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Evan Farr
The Law Firm of Evan H. Farr, P.C.
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...
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Meet Daniel Steven
(301) *** ****
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Daniel Steven
Daniel N. Steven, LLC
Daniel N. Steven is an attorney licensed in Maryland and the District of Columbia. with many years of experience in complex estate planning and Elder Law. He is rated by Martindale-Hubbell as an AV Preeminent 5.0 out of 5 rated attorney.
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