by Susan Grissom | Oct 19, 2015 | Elder Care, Estate Planning, Wills & Trust
If you have a child or loved one who is receiving—or will receive—benefits under the Supplemental Security Income (SSI) and Medicaid programs because of a disability or age, including a Special Needs Trust in your Estate Plan may provide a mechanism for leaving your...
by Susan Grissom | Sep 16, 2015 | Elder Care, Estate Planning, Wills & Trust
An advance directive for health care, also known as living will, durable power of attorney for health care, or advance directive, is a legal document that allows an individual (Principal) to specify what medical actions should be taken if they are no longer able to...
by Susan Grissom | Sep 2, 2015 | Elder Care
No, previous gifts are not considered income. Medicaid rules require that nursing home residents contribute their income towards their cost of care, but his income is only income that the resident is legally entitled to receive. To insure that your generosity is not...
