Protecting Your Children by Protecting Their Inheritance Providing Asset Protection for Your Kids Providing an inheritance for one’s children is a common desire among the current generation of middle aged Americans. Protecting that inheritance may be something that many of us overlook when planning for the future. After all, the assets to be handed […]
Crisis Medicaid Planning, What to do When You Need a Nursing Home Now Medicaid is a needs based program. This means that people with excessive assets or income cannot qualify for Medicaid. For many, this will be the only government program that they will ever seek. (These are general rules in Oklahoma). What Assets Count […]
Cash Value in Life Insurance can be a Barrier to Medicaid Benefits Many who apply for Medicaid are surprised to learn that owning a life insurance with a small amount of cash value disqualifies a otherwise eligible person from receiving benefits. Term policies (those without cash values) do count against the patient. However, if the […]