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Answers to your estate planning questions so you can take care of your family and yourself. Answers to your estate planning questions so you can take care of your family and yourself. Answers to your estate planning questions so you can take care of your family and yourself.
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Long-Term Care Planning

Home / Long-Term Care Planning /
 Can My Son Buy My Mother’s House Despite Reverse Mortgage and Medicaid Lien?
1
By Harry Margolis
In Long-Term Care Planning
Posted March 17, 2023

Can My Son Buy My Mother’s House Despite Reverse Mortgage and Medicaid Lien?

Question: My mother had a reverse mortgage and she went into a nursing home and received Medicaid for no more than 7 months before she passed away. Now, I have received a letter from the state of [...]

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 Does LTCI Partnership Protect IRAs and 401(k) Plan Funds?
0
By Harry Margolis
In Long-Term Care Planning
Posted February 10, 2023

Does LTCI Partnership Protect IRAs and 401(k) Plan Funds?

Question: Are 401(k)s or IRAs protected under the LTCI Partnership program? Response: Probably, yes. The long-term care insurance (LTCI) partnership program was authorized by Congress to permit [...]

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 May Nursing Home Resident Give House to Spouse Without Medicaid Transfer Penalty?
0
By Harry Margolis
In Long-Term Care Planning
Posted February 3, 2023

May Nursing Home Resident Give House to Spouse Without Medicaid Transfer Penalty?

Question: Can you tell me if the exception for Medicaid applies between spouses to transfer the home, when one spouse does not live in the home but is not legally separated and is the healthy [...]

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 How Should Property be Distributed When Dad Moves to Assisted Living?
0
By Harry Margolis
In Long-Term Care Planning, Probate
Posted January 9, 2023

How Should Property be Distributed When Dad Moves to Assisted Living?

Question: I just read a story about Mary Jane’s estate which was divided among four siblings.  Our family also has four siblings. The difference is that our father is still living but has to move [...]

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 Should We Hire a Law Firm for Nursing Home Medicaid Application?
0
By Harry Margolis
In Long-Term Care Planning
Posted January 3, 2023

Should We Hire a Law Firm for Nursing Home Medicaid Application?

Question: Should I hire a law firm or non-legal service to assist with the Medicaid application for my mom who will be moving to a nursing home? Response: Hire a law firm, and perhaps a non-legal [...]

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 How Should We Structure Home Ownership When We Move In with My Mother?
3
By Harry Margolis
In Long-Term Care Planning
Posted December 23, 2022

How Should We Structure Home Ownership When We Move In with My Mother?

Question: My mother has recently inherited a house in California from her mother, along with a small IRA. She has offered to let us live in the house, with the intention of building an in-law [...]

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 How Are Proceeds of Sale of Life Estate Distributed?
0
By Harry Margolis
In Long-Term Care Planning, Real Estate
Posted November 28, 2022

How Are Proceeds of Sale of Life Estate Distributed?

Question: My husband’s parents have a life estate….father passed away, mother recently moved to a nursing home. Siblings want to sell house. Is this possible without the life use [...]

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 Should Family Use Specialist or Elder Law Attorney for Medicaid Application?
0
By Harry Margolis
In Long-Term Care Planning
Posted November 21, 2022

Should Family Use Specialist or Elder Law Attorney for Medicaid Application?

Question: I am working with a family who is seeking assistance understanding MassHealth eligibility and applying. One member of an unmarried couple has dementia and will be moving to a skilled [...]

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 How Can Single 76-Year-Old of Modest Means Plan for Long-Term Care?
0
By Harry Margolis
In Long-Term Care Planning
Posted November 11, 2022

How Can Single 76-Year-Old of Modest Means Plan for Long-Term Care?

Question: The blog post on your law firm site on the likelihood of needing long-term care concludes by saying: “The upshot if you’re a Baby Boomer if you are able to do so, factor in the [...]

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 What’s the Best Financial Plan to Remodel My House so My Dad Can Move In?
0
By Harry Margolis
In Long-Term Care Planning, Real Estate
Posted November 4, 2022

What’s the Best Financial Plan to Remodel My House so My Dad Can Move In?

Question: My dad who is 81 years old has been ill for the entire summer, I want to try to get him in a position to qualify for MassHealth in the future. He owns a condo that is in a life estate [...]

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This simple-yet-comprehensive guide provides everything you need to know (in plain English).

Harry Margolis book: The Baby Boomers Guide to Estate Planning

Get the Book

Read Sample Chapters

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