Does your power of attorney have all the muscle that it needs? A flabby, wimpy power of attorney can be dangerous because it may lull you into a false sense of security and leave you susceptible to … [Read more...]
Avoid This Costly Medicaid Mistake
Reader note: This is a major rewrite of an article first published in 2018. Question: Do you know someone who MIGHT have to consider a nursing home placement and a Medicaid application within the … [Read more...]
Real Property Basics: Medicaid, Taxes, and Probate — CONTINUED
In the last article, we looked at the general characteristics of various ways of owning real property, namely: fee simple, tenancy in common, joint tenancy with rights of survivorship, and life … [Read more...]
Real Property Basics: Medicaid, Taxes, and Probate
Understanding different ways of owning real estate is important because the way real property is titled influences Medicaid results, taxes, and probate avoidance. You may need to lockdown Medicaid, … [Read more...]
Surprise! Your Medicare Premiums Might Go Up.
Selling an appreciated asset or cashing-in/drawing down an IRA or an annuity are often necessary in a Medicaid context. An individual or couple looking at nursing placement may have no choice. It may … [Read more...]
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