How NOT to Draft a Medicaid Planning Trust
We are often asked whether a trust will help a client obtain Medicaid eligibility. Assets may be conveyed to an irrevocable trust so that those assets will not be counted…
We are often asked whether a trust will help a client obtain Medicaid eligibility. Assets may be conveyed to an irrevocable trust so that those assets will not be counted…
A good estate plan includes a will that describes how assets will be left to your heirs or others. State law describes how a will must be prepared in order…
The Medicare Board of Trustees report released last month calls for Medicare premiums to inflate by 22.3 percent, increasing the 2017 Part B premium to $149 per month from $121.80…
The House of Representatives has passed a bill that would make it easier for financial advisors to report financial abuse of the elderly. The Senior$afe Act of 2016 (H.R.4538) would…
We often draft special needs trusts to hold funds for the care and benefit of an incapacitated spouse or child in a way that those funds will not disqualify that…
Mississippi law does not permit a person to disinherit his spouse in a last will and testament, unless the spouse owns a “separate estate” of at least as much as…
Donna came in to talk about how to pay for her mother’s nursing home care, specifically Medicaid eligibility. She was concerned that her mother, Evelyn, had been named beneficiary of…
Prince Rogers Nelson – better known to the entertainment world as Prince – died April 21 at age 57 at his Paisley Park home in Chanhassen, Minnesota. Tyka Nelson, Prince’s…
Many people believe that, if their spouse goes into a nursing home, they will be left without sufficient assets or income to meet their own needs for support. However, Medicaid…
My wife and her sisters have been seeing to the care of their father with Alzheimer’s for the last four years. They have experienced the need to provide certain documents…