It’s the most basic financial advice you can get: Always save for a rainy day. So amid concerns about cuts in Medicaid programs coming down from Washington in the coming years, the New Mexico Senate ...

Elder law attorney Harry Margolis explains why beneficiary designations don’t protect assets and where Medicaid estate ...

Setting up a Miller trust could help you qualify for Medicaid nursing home benefits. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you ...

When planning for the cost of long-term care, it is possible to preserve your estate for your children or other heirs while still relying on Medicaid to pay for your long-term care in a skilled ...

An individual can protect their assets from Medicaid, including their home, by placing them into a trust. Essentially, the assets become owned by the trust and not by the individual. This mechanism ...

A. Great question, and let's go through some background first. Medicaid is a needs-based program with income and asset limitations that apply before you can qualify for assistance. In order to prevent ...

A. Protecting or hiding assets from Medicaid isn't an easy thing to try. The kind of trust you mention won't help at all in any effort to protect an asset from Medicaid's spend down requirements, said ...

The cost of long-term health care continues to spiral and insurance companies continue to cover fewer and fewer long-term needs. As a result, it's important for advisors to help their older clients ...