The Use of Immediate Annuities in Medicaid Planning for Married Couples
Immediate annuities can be a useful tool to protect the spouse of a nursing home resident who applies for Medicaid.
Read moreNo, after the nursing home spouse’s eligibility for Medicaid is established, there is no penalty for gifts made by the community spouse. That said, we would not necessarily know if an individual state applied a non-standard rule, so please confirm this with the Medicaid agency or an elder law attorney in your state.
Local Elder Law Attorneys in Your City
Immediate annuities can be a useful tool to protect the spouse of a nursing home resident who applies for Medicaid.
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Once a patient in a nursing home reduces assets to qualify for Medicaid, what are the regulations on the remaining cash ($...
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Retirement has changed radically over the last several decades in America. Years ago, you expected to work most of your li...
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