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Can an adult child be liable for their parent's medical bills?
Although a nursing home cannot require a child to be personally liable for their parent's nursing home bill, there are circumstances in...
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Even Annual exclusion gifts are counted by Medicaid
Many people believe that if they give away an amount equal to the annual gift tax exclusion – currently $14,000 to any one individual –...
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Medicaid Asset Transfer rules
One area that causes a lot of confusion with regard to Medicaid is the look-back period. Medicaid, unlike Medicare, is a means-based...
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Medicare vs. Medicaid and long-term care
Although their names are confusingly alike, Medicaid and Medicare are quite different programs. Both programs provide health coverage,...
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