By a vote of 216-214, the U.S. House of Representatives has passed budget legislation that will impose punitive new restrictions on the ability of the elderly to transfer assets before qualifying for Medicaid coverage of nursing … [Read more...]
Print This PageThe Message of the Pending Asset Transfer Changes: Don’t Delay Medicaid Planning
January 17, 2006 by
As you may know, Congress is on the brink of enacting a law that would impose punitive new restrictions on the ability of the elderly to transfer assets before qualifying for Medicaid coverage of nursing home care. (For the … [Read more...]
Print This PageA Do-It-Yourselfer Costs Beneficiaries Money and Heartache
May 6, 2005 by
Here’s another story about a person who tried to create an estate plan without an attorney’s help, and ended up causing huge problems for his beneficiaries. A California man wrote his own will, in which he divvied up his real … [Read more...]
Print This PageEstate Plans Should Be Reviewed Due to New Medical Privacy Rules
April 13, 2005 by
A new federal law on medical privacy is having a big effect on estate planning, and many people should consider reviewing their documents as a result. The law is the Health Insurance Portability and Accountability Act, or HIPAA, … [Read more...]
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