“I heard the Medicaid rules are changing. What do I need to know?” The new Medicaid rules will go into effect on January 1, 2012. Here’s a peek at what it may mean for you: ALREADY IN A NURSING HOME The good news is the new rules will not affect current Medicaid eligibility. The even [...]
My excitement about estate planning is typically only shared by other attorneys or advisors, but it seems that Hollywood is catching on to how interesting estate planning can really be. The Descendants This new movie, starring George Clooney, tells the story of a long-standing family land trust in Hawaii. It looks really interesting and [...]
Women today have many unique situations that require special treatment when it comes to estate planning. Well, maybe not special treatment, but women need to take extra care that they are protected through good planning. Here are some examples: Young mom stays home with the kids Maybe she gave up a wonderful career to be [...]
“I know we need to do a will or trust, and name guardians for our children, but the potential cost is a real concern.” — Jennifer P. People often ask us how much it will cost to do a plan. While we realize this is the number one concern for young families, we can’t really [...]
Are you the primary sibling who bears the burden of care for your parents? Are you concerned about whether your parents’ finances are being handled properly? Do you think your parents should consider alternative living arrangements (such as assisted living), but they refuse? Are you doing your best to respect your parents’ independence and wishes [...]
“Are asset gifts to spouses exempt from the 5-year “look back” for Medicaid? –Charles A. Generally speaking, assets transfers to a spouse are exempt from the 5-year look-back rule. Transferring assets from the Medicaid applicant spouse to the community spouse (the at-home spouse) is part of what we do when completing Medicaid applications for clients. [...]
|
Bad Behavior has blocked 395 access attempts in the last 7 days.
Edwards Group LLC 4340 Acer Grove, Springfield, Illinois 62711 (217) 726-9200
