Elder Law Answers
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 moreWill a Spouse's Monetary Gift Jeopardize the Medicaid Eligibility of the Spouse in the Nursing Home?
- July 23rd, 2014
Q
If the spouse of a nursing home resident gives a monetary gift to her children/grandchildren from her own monthly income, will it jeopardize the Medicaid eligibility of the spouse in the nursing home?
A
No, 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 Ashburn, VA
Meet Mindy Felinton
(301) *** ****
Learn more
Mindy Felinton
Felinton Elder Law & Estate Planning Centers
Mindy Felinton concentrates in the areas of Medicaid planning, Veterans' Benefits, asset protection, nursing home planning, elder law, wills, estate planning, trusts, living wills, powers of attorney, probate administration and trust administration and began her legal career 30 years ago as an Assistant State Attorney...
(301) *** ****
Tell us about your legal issue and we will put you in touch with Mindy Felinton.
Meet William Fralin
(301) *** ****
Learn more
William Fralin
The Estate Planning & Elder Law Firm PC
Bill founded The Estate Planning & Elder Law Firm, P.C. in 1994. Bill limits his practice to the areas of estate planning and administration, incapacity planning, Medicaid, asset protection planning, and elder law. He is one of (15) fifteen attorneys practicing in Virginia, Maryland and the District of Columbia, ce...
(301) *** ****
Tell us about your legal issue and we will put you in touch with William Fralin.
Meet John Laster
(703) *** ****
Learn more
John Laster
Law Offices of John L. Laster
John Laster is a lawyer licensed to practice in Virginia, Maryland and the District of Columbia. He limits his practice to wealth transfer planning, trusts, wills, powers of attorney, health care decision-making issues, estate administration and related tax, elder law and disability concerns. Listed in The Best Lawyers...
(703) *** ****
Tell us about your legal issue and we will put you in touch with John Laster.
