In this Elder Law Minute, Wes Coulson discusses what Medicaid considers as a gift. Transcript: In another of our videos, we mentioned that Medicaid imposes a, what’s called “transfer penalty,” for somebody who within 5 years before they apply have transferred assets for less than fair market value. When people hear that expression, which […]

  In this Elder Law Minute, Wes Coulson discusses what a pour-over will is, and if you should have one. Transcript: Perhaps you’ve heard the expression “pour-over will.” If you have, you’re probably (like most people) wondering, what the heck is a pour-over will? It is an expression used for the type of will that […]

  In this Elder Law Minute, Wes Coulson discusses if a prenuptial agreement will protect a spouse’s assets when applying for Medicaid. Transcript: One of the questions that we are getting more frequently is: What happens if we have a married couple and one needs one nursing home care, and that couple has a prenuptial […]

  In this Elder Law Minute, Wes Coulson discusses if Medicare will pay for someone’s nursing home stay. Transcript: I want to talk today about whether Medicare will pay for someone’s nursing home stay. Quick answer: Only for a little while, if certain conditions are met. What are the conditions? First of all, you still […]

  In this Elder Law Minute, Wes Coulson discusses important considerations when choosing a guardian for your minor child or adult special needs child. Transcript: Today I want to talk about some considerations in choosing a guardian for if you’re younger, minor children; if you’re older, then an adult special needs child in planning your […]