Preparing an Estate Plan
Preparing an estate plan is crucial and the first step to getting your affairs in order. However, once your estate plan is prepared, it’s not meant to sit and collect dust, only to be forgotten. Your estate plan needs to be reviewed to ensure your desires are still aligned with your life and the law. […]
Medicaid “Look Back” Period Explained
You cannot simply gift your assets to someone else to prepare for nursing home costs. The “look back” period is the five year time period wherein Medicaid will look at your financial records to see if you have made any transactions that would render you ineligible for benefits. If you find yourself facing a nursing […]
Understanding Medicaid
The average Nursing Home costs is around $5,000 each month. Most families cannot afford this cost and estates are quickly spent down to cover the cost of care. The truth is there are tools given to you to prevent this from happening. The first part of understanding Medicaid and nursing home costs is understanding the […]