How Much Can You Give Away and Still Qualify for Vendor Medicaid?
There are pros and cons to gifting your assets to loved ones, especially if you need long term skilled nursing care in the future. The Vendor Medicaid rules on gifting are more favorable for married couples. However, single applicants may benefit from certain gifting strategies as well. Proper nursing home planning may help save you…Read More
Protecting Your Home from the Nursing Home
You may be afraid of losing your home if you have to enter a nursing home and apply for Medicaid. While this fear is well-founded, transferring the home to your children before consulting an elder law attorney is not always the best way to protect it. You generally do not have to sell your home…Read More
Caregiver Contracts and Nursing Home Planning
Caring for an elderly loved one is hard work. Especially if you are working and have a family of your own to care for. It’s okay to hire someone to step in and help if you are feeling over-whelmed or have other obligations. Before you do, there are some important things you should consider. The…Read More
Before You Start a “Spend Down” CALL US!!!
Have you been told you or your loved one has too much money in savings to qualify for assistance in paying for nursing home care? Have you been told you must “spend down” savings and investments? In some circumstances, this isn’t entirely true. Missouri has rules in place to help avoid impoverishment for the spouses…Read More
Keeping the Family in “Family Farm”
“73% of American farmers haven’t identified a successor or created a succession plan!” – Farm Life Succession planning is a lot like raising a crop. It takes time and starts with planting a seed. Congratulations! Being here means you’ve already taken the first step of planting the seed. This journey is more than just planning…Read More