How to Protect Your Family's Assets from Devastating Nursing Home Costs--Medicaid Secrets (18th ed.)

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K Gabriel Heiser

How to Protect Your Family's Assets from Devastating Nursing Home Costs--Medicaid Secrets

18th ed.

K Gabriel Heiser

$223.95 $179.37

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English

Murphy & Berglund, Pllc
01 January 2024

Government powers; Law & the elderly; Medical insurance

Summary
Details

Written by an elder law attorney with over 25 years of experience, this book will help anyone with a family member faced with a long-term stay in a nursing home who wishes to preserve at least some of their assets by qualifying for the Medicaid program. You don't have to be broke to qualify! For the first time ever, the inside secrets of high-priced estate planning and elder law attorneys are revealed. Includes a summary of all income and asset rules for both married and single individuals, together with numerous examples and several case studies, which take the reader through the same thought processes that an experienced elder law attorney would go through when analyzing a real-life client's situation. The book includes tips on: how to title your home so you do not lose it to the state; how to make transfers to family members that won't disqualify you from Medicaid; how annuities make assets ""disappear""; smart tricks for ""spending down"" your assets; what to change in your will to save thousands of dollars if your spouse ever needs nursing home care; avoiding the state's reimbursement claim following the nursing home resident's death; and much more. The 2024 Eighteenth Edition has been revised and completely updated to incorporate all changes in the law as of January 1, 2024. The two chapters on Veterans' Pension benefits (rules and planning techniques) have been completely updated to reflect the new transfer, lookback, and penalty periods that now apply to VA applications.

By: K Gabriel Heiser
Imprint: Murphy & Berglund, Pllc
Edition: 18th (2024) ed.
Dimensions: Height: 229mm, Width: 152mm, Spine: 17mm
Weight: 422g
ISBN: 9781941123195
ISBN 10: 1941123198
Pages: 316
Publication Date: 01 January 2024
Audience: General/trade , ELT Advanced
Format: Paperback
Publisher's Status: Active