What About Life Estates with Powers?
October 27, 2023
Question: You mentioned life estates in one of your answers and how they relate to Medicaid. I’ve also heard about life estates with powers, which
Question: You mentioned life estates in one of your answers and how they relate to Medicaid. I’ve also heard about life estates with powers, which
Question: My mother owns her home and her two sons, one who is disabled have lived with her for over eight years. In the last
Question: Suppose a sibling living in New York State is in need of long-term care. She wants and become Medicaid eligible, so she is planning
Question: Can a nursing home bill a resident who is a prospective long-term care Medicaid applicant a sufficient amount (around $5,000) to reduce total cash
Question: We set up a revocable trust for my mother in September 2000 for my mother with her and myself as co trustees. There are
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
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
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
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
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