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...]
My Response to a Medicaid Nightmare
Recently the following letter appeared in the Asheboro Courier-Tribune. My response follows. The Letter If you, a family member or parent, are thinking of going on Medicaid, you need to read this … [Read more...]
How Annuities Can Help With Medicaid
You now understand the basics of annuities because you read Banish Annuity Confusion in 5 Minutes (If you haven't read it and you aren't an annuity expert, you better go back and read it now). But how … [Read more...]
Sole Benefit Trusts and Special Needs Trusts
A Sole Benefit Trust is an often neglected yet important type of Special Needs Trust that can be useful in planning for certain categories of individuals with disabilities. For example, a “Sole … [Read more...]
