In this second of a six part series on the Medicaid Look-Back Rule and Transfer Penalties Series, Wes Coulson discusses withdrawals from joint accounts and whether, or not, they are subject to Medicaid transfer penalties. Withdrawals from Joint Accounts: Are they subject to transfer penalties? Transcript: Hi I’m Wes Coulson and this is your Elder Law […]
Will routine gifts cause a Medicaid Transfer Penalty?
In this first of a six part series on the Medicaid Look-Back Rule and Transfer Penalties Series, Wes Coulson discusses routine gifts and whether or not they may incur a transfer penalty when applying for Medicaid. Will routine gifts cause a Medicaid Transfer Penalty? Transcript: Hi I’m Wes Coulson and this is your Elder Law […]
Finally – Some New Year’s Resolutions you can Keep!
Estate Planning and Asset Preservation Planning The problem with most New Year’s resolutions is that they usually end up being just too darn hard to keep. Sure, I definitely want to lose some weight, but gosh, those brownies do look tempting! Sure, I want to spend less time watching sports on TV, but now there’s […]
Who Should File my Medicaid Application?
Hi, I’m Wes Coulson and this is your elder law minute One of the questions I’m asked a lot, whether you really need to have a lawyer help you with the Medicaid application, or whether you can just have a social worker or care facility representative help you with it. You might think, being a […]
4 Myths about Medicare & Medicaid Long-Term Care Coverage
Long-term care is expensive. The current cost of assisted living in the Saint Louis metropolitan area ranges from around $2,500 to over $5,000 per month, and a nursing home bed runs from approximately $4,500 to $8,500 per month. The choices you have to pay for this care are private pay (spending your life savings), long […]
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