Will Assets in My Living Trust Be Counted By Medicaid?

Posted by & filed under Elder Care, Elder Law, Incapacity Planning, Medicaid, Revocable Living Trusts.

The Medicaid program will pay for long-term care. You may hear this statement and shrug your shoulders, because you will never qualify for Medicaid, and you will qualify for Medicare by the time you require living assistance. This reaction makes sense on the surface, but when you dig into the facts, you will see a… Read more »

New Law Expands Life Settlements

Posted by & filed under Elder Law, Medicaid.

Texas Governor Rick Perry signed legislation recently allowing Texans to more easily use their life insurance policies to help pay for the costs associated with long-term care. These so-called “life settlements” give people with life insurance policies the ability to sell those policies to investors at a discount. The law allows Texas residents who are… Read more »

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