For many people, this may be a great time to kill a traditional IRA. Dismantle it. Take it down. Cash it in. Or at least start that process and save thousands of tax dollars doing it. Especially as we … [Read more...]
Read This to Understand How Medicaid Treats Trusts
Dad died 5 years ago and there is a trust under his will for Mom. Will the trust be countable if Mom goes into a nursing home? Mom and Dad set up an irrevocable trust years ago (Bill Clinton was on … [Read more...]
Want to Avoid the Nursing Home? Try PACE.
Sometimes government really does work right. The United State Marine Corps comes immediately to mind. Another program, new to Randolph County and surrounding areas, is the Program of All-inclusive … [Read more...]
Why I Do Medicaid Planning
It’s time I explain why I have no problem helping out all but the wealthy with Medicaid long term care planning. Bear with me, because at the end I am once again seeking your input. I recently … [Read more...]
How To Fix the Nursing Home Financing Mess
Like it or not Medicaid has become a middle class nursing home financing system. Not out of greed, but out of necessity. The last attempt Congress took at “reforming” the Medicaid rules, they … [Read more...]
