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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...
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 –...
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...
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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