February 7, 2011

Medicaid Planning-It’s Probably Not What you Think

When I talk about Medicaid planning with people, I sometimes get negative responses.  As one woman stated, “You mean, give Dad’s money away.” Often people believe […]
December 11, 2009

Babyboomers Need to Talk to Their Aging Parents about a Long-term Care Plan

We would all like our parents to live long, healthy, independent lives.  However, the reality is that although many of our parents will live long lives, […]
November 5, 2009

Medicaid Waiver Programs- Alternatives to the Nursing Home

As described in more detail in the “Long Term Care Planning- Don’t Despair, Prepare!” post, Medicaid provides free long-term care as long as certain income and […]
November 3, 2009

Using an Irrevocable Trust to Plan for Medicaid

There are many Medicaid planning strategies designed to transfer assets without incurring a penalty.  (See http://www.perlalaw.com/blog/personal-caregiver-agreement/).  This blog will explore many of these strategies.  One such […]