Short Term Medicaid Annuities Approved by Court
Recently, the United States Court of Appeals for the Third Circuit ruled that short term annuities are a viable Medicaid planning tool for nursing home residents attempting to protect a portion of their resources and qualify for Medicaid benefits. Many people believe that in order to qualify for Medicaid in a nursing home, you must […]
Zahner Case Heard By Federal Appeals Court – Await Impact On Medicaid Approved Annuities
In January of this year, the Western District Court of Pennsylvania issued a summary judgment decision in the case of Zahner, et al. v. Commonwealth of Pennsylvania. The primary issue in this case was whether “shorter” term annuities are valid under the Medicaid rules, or whether the purchase of one of these annuities constitutes a gift […]
Family Caregiver Agreements
A Solution for Keeping Your Elderly Parent at Home “There’s no place like home.” Dorothy’s remembrance in the Wizard of Oz immediately brings to mind our own cherished abode. Yet, as your parents age, they may not be able to live in their homes without the assistance of family members. The assistance you provide to […]