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Gifting Real Property Poses Problems

Gifting Real Property Poses Problems

Sometimes we deal with seniors who want us to prepare a deed gifting the home to their children. Some believe that they could wait out the five year ineligibility period and obtain Medicaid. We always try to explain that such actions can cause a detrimental effect...
Asset Protection and Medicaid Planning

Asset Protection and Medicaid Planning

Elderly people often require assistance while doing their activities of daily living (ADL).  While some individuals receive long-term care at their residence, others get the assistance  they require in a nursing home or facility specializing in assisted living. This...