When determining Medicaid eligibility, there are many rules about which assets you are and aren’t allowed to keep. Many of us own a residence, but what if you own farm land? As it turns out, farm land can be treated as an exempt asset if it is considered as part of your residence. So, how does […]
What you can and can’t keep with Medicaid: Cars and Trucks
Most of us own a vehicle. Let’s face it they are a necessity in life. However, when looking at applying for Medicaid, this necessity may or may not be an asset we can keep. So, what are the Medicaid rules on cars and trucks and other personal use vehicles? And, is there a way to […]
What you can and can’t keep with Medicaid: Life Insurance
Life insurance is an asset that is looked at by Medicaid when determining eligibility. But not all life insurance policies are the same and so they are not all treated the same way either. So, which type of life insurance policy may I keep? And is there a limit to the value? In this Elder Law […]
Alzheimer’s and Unpaid Family Caregivers
People with Alzheimer’s are generally surrounded by loved ones who provide a tremendous amount of care. Statistics tell us that if these family members were paid for providing this care, it would add up to billions of dollars a year. The fact that it is unpaid is unfortunate for a number of reasons. In this Elder […]
Common Estate Planning Mistake #17: Failing to correctly disinherit a child you want to disinherit
There are various reasons a person may choose to disinherit a child from their estate. Maybe they no longer have an association with the child. Or, maybe the child doesn’t need an inheritance and, maybe, another child does. Choosing to disinherit a child is a personal choice that many families may, at some point, face. So, […]
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