Question: I need to sell my mother’s life insurance policy to bring down her assets to qualify for Medicaid but it doesn’t have enough value to prepay for her funeral. The insurance [...]
Question: If property has a line of credit from a reverse mortgage available before being placed in an irrevocable trust, can Medicaid consider the line of credit as a countable asset while in [...]
Question: Spouse is in nursing home on Medicaid. Well spouse is allowed to keep their home. Is the well spouse allowed to sell the home and rent in cheaper neighborhood or purchase a condo or [...]
Question: I am 72 years old and in fair to poor health. My wife is 70 and in good health. We also have two children, 42 and 40. We own our home mortgage-free and have several thousand dollars in [...]
Question: My parents have had a life estate for 12 years. The deed is in their adult children names. Both parents are in nursing home where their Social Security and pension pay for their care [...]
Question: What if a Medicaid recipient bought a whole life insurance policy and transferred ownership to a party with an insurable interest immediately, before any cash value develops? This would [...]
Question: I live in Ohio I am the maternal grandmother and guardian of a 13-year-old 100% handicapped grandson for 6 1/2 yrs due to a car wreck. He’s basically a vegetable. I do all his [...]
Question: I am on Social Security Disability, Medicare and Medicaid. I want to sell my house in Tennessee, and move back home to Michigan. I also have a Irrevocable Supplemental Security Trust. [...]
Question: In your blog post “How the Community Spouse Can Keep More Assets” you outline an example wherein husband John’s Alzheimer’s has progressed to a point that his wife, Joyce, [...]
Question: I am a 52 year old with a Prader-Willi syndrome child, age 9. We both receive Supplemental Security Income (SSI) as well as Section 8 for housing and $15 a month in food stamps in Ohio. [...]
