Is Changing a Revocable Trust into an Irrevocable Trust Subject to Medicaid’s Five-Year Look-Back?
My mom has a revocable trust that she set up more than 15 years ago. If we change it to an irrevocable [...]
What to Do if Your Medicaid Application Is Denied
If you apply for long-term care assistance through Medicaid and your application is denied, it may feel hopeless. The good news is that you can appeal the decision.
Can Medicaid Recover Benefits from an IRA After the Recipient Dies?
After a Medicaid recipient dies, can Medicaid recoup benefits from the recipient’s IRA? The IRA was not [...]
The Tax Consequences of Selling a House After the Death of a Spouse
If your spouse dies, you may have to decide whether or when to sell your house. There are some tax considerations that go into that decision.
Why Small Business Owners Need an Estate Plan
Running a small business can keep you busy, but it should not keep you from creating an estate plan. Not having a plan in place can cause problems for your business and your family after you [...]
When to Leave a Nursing Home and Move Back Home
Leaving a nursing home to return home is a goal for many residents and their families, but it requires careful consideration. While returning home is a good move for some, it won't work for [...]
Medicare Now Covers the Cost of COVID At-Home Tests
If you have Medicare, you can now receive up to eight free rapid at-home Covid-19 tests a month at participating pharmacies.