Mom Needs Help… What Do We Do?: Basic Long Term Care Options

basic-long-term-care-options-written-with-daughter-helping-mom-get-off-couch-and-into-a-walker

While Medicaid and Long Term Care Planning is often focused on preserving money, at least for the families who speak with me, but the overall process has to be about more than just assets and income. Unfortunately, many professionals push those aside and focus only on the money without sufficient emphasis on the care needed. […]

Three Reasons NOT to Gift Real Estate to Children

Gift-Real-Estate

[From time to time, it’s good to readdress important topics and so we will rerun past articles. With the real estate market heating up, it was time to bring back an article on reasons not to gift property to your children.] Reasons Not To Gift Real Estate With the rising cost of long-term care, families […]

Medicaid DOES Care if you Gift $16,000

Medicaid Gifting

[Below is a reprint of a previously published article, but the situation keeps coming up, especially when it comes to Medicaid qualification for seniors. While gifting can be part of an overall Medicaid Planning strategy, there are specific consequences that need to be planned and timed properly. There is NOT a free $16,000 a year […]