Beware of Greeks Bearing Gifts
Perhaps it’s a phrase you’ve heard before but aren’t aware of the history behind it. (More on that in a minute.) A recent New Jersey court case brought the statement to mind and left me shaking my head because it just reinforces why clients so need my services. Allow me
Are You Making Gifts You Aren’t Even Aware of? (Part 2)
We were discussing Eddie’s problem last week. His Dad needs nursing home care and, at a cost of $11,000 per month, Eddie was concerned that there would not be anything left for Mom if he didn’t look to qualify for Medicaid quickly. However, the family was totally in the dark
Are You Making Gifts You aren’t Even Aware of? (Part 1)
So often, when I explain to someone how the Medicaid lookback and transfer penalty work, the response I get back is, “Don’t worry. My parents haven’t made any gifts. We don’t have anything to worry about.” But, the term “gift” is such a subjective one. It can mean different things