Category Archives: Probate

Transferring Assets and the Five Year Look-back

When an individual applies for Medicaid assistance in a nursing home, one of the first questions that is asked of them has to do with whether a transfer has been made of any asset for less than fair market values within five years (60 months) of the date of the application.  If such a transfer has been made, a “penalty period” will result depending on the value of the gift.  The larger the gift, the longer the penalty period.  Continue reading

Don’t Wait for Tomorrow: A Lesson Learned in Hospice

My father’s hospice experience was brief. Less than four days passed between the afternoon he entered the facility and the morning he drew his last breath. In that short time, I learned much about this extraordinary world. Continue reading

Medicaid Protections for the Healthy Spouse

Medicaid law provides special protections for the spouses of Medicaid applicants to make sure the spouses have the minimum support needed to continue to live in the community while their husband or wife is receiving long-term care benefits, usually in a nursing home. Continue reading

5 Ways Seniors Can Leave a Legacy for Their Grandchildren

You have a wealth of knowledge, stories, skills, and an important history that you want to make sure you pass down to your children and your grandchildren. Gathering together all the details of your life for future generations can seem daunting, but it doesn’t have to be difficult. Here are some easy ways you can make sure you leave a legacy. Continue reading