Question: My partner and I are in our 70’s and not married but all of our assets are in both our names. How will this affect us as far as our home if one was to have to go into a nursing [...]

Question: We all hear about the 5-year Medicaid look-back period of an irrevocable trust and after the 5 years your assets are protected. What if you put an asset into the trust one week before [...]

Question: Does Medicaid estate recovery only apply to those that are recipients of Medicaid? Response: Yes, but it might not always seem that way. Medicaid estate recovery only applies to the [...]

Question: I am considering a Pooled Disability Trusts for a family member who is over 65. It would be a self-funded trust. What happens if I start the trust process, but the relative passes [...]

Question: MassHealth regulation 520.024 seems to me to state that any non-principal residence in a trust — even one created by will and where the trustee has no requirements regarding [...]

Question: In Virginia is property owned in an S corporation and or LLC counted as an asset when applying for Medicaid? Response: While I don’t know about Virginia in particular, I [...]

Question: If my parents have a revocable trust that gives life use to their home to my sister after they have passed and she cannot pay for the expenses (taxes, insurance etc) of maintaining the [...]

Question: Pursuant to a question you answered recently, I’d like a semantic clarification: the person had asked about Medicaid seeking reimbursement from the sale of his house. You said: [...]

Question: I have a pension of $3,000 a month from STRS- California. It is our main income. My husband will probably need long-term care in a year or so. We have no LTC insurance. If he applies [...]

Question: Can I pay for my parents’ nursing home cost with MY traditional IRA? Should I? Response: Yes, you can use any of your resources to pay for your parents’ support. The [...]