Question: I read your response to the question of how to rearrange assets to give an elderly person access to Medicaid services, including possible long term care. I wonder about the ethics of [...]
Question: I have a married couple who want an irrevocable trust as they are concerned with asset protection and long-term care. They are close enough to having a Massachusetts estate tax where it [...]
Question: My husband and I live in Massachusetts. He is 75, and I am 73. We are in relatively good health, no pre-existing conditions. Our liquid assets are approximately $200,000. We own two [...]
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 [...]
Question: My durable power of attorney contains the phrase: “It shall not be deemed to be self-dealing on the part of my attorney-in-fact herein to make gifts, transfers or dispositions to [...]
Question: An unmarried applicant for Medicaid coverage of nursing home care has lived with her brother her entire life in a house they inherited from their parents. She now needs long-term care [...]
Question: My mom has dementia that has been progressing quickly over the past 6 months. We feel as though she needs 24/7 care and we are considering a residential memory disorders facility for [...]
Question: My mother is 88 years old and she is in rehab right now. I would like to get her on Medicaid when she eventually moves to long-term care. My question is, we own a cottage and the deed [...]
Question: I recently was added to a relative’s mutual fund account as a co-owner. If I were to file for bankruptcy and lost the account, could Medicaid seek a penalty against these funds if [...]
Question: Should my parents give me their home to protect it from Medicaid? Response: Many people wonder if it is a good idea to give their home to their children. While it is possible to do [...]