Can a Medicaid nursing home patient with a home exemption sell their home for cash to buy upgrades or hire private caregivers?

As a general rule, the exemption is lost when the money is sold, and the patient loses Medicaid qualification until the proceeds are spent. I...

How can we save a home from medicaid recovery upon my aunt's death?

Assuming your great aunt is over age 65, a special needs trust cannot be used, and even if she was eligible, the trust would be required to pay...

Will I protect myself by leasing my second house to an LLC I create?

You will be best protected if you transfer ownership of the MD house to an LLC. I recommend that you consult with an attorney to ensure that you...

What is required to transfer a small business also differs depending on the type of entity: sole proprietorship, LLC or corporation. Any potential...

What happens if my mom puts her house in my name?

Mr. Jarrett offers sound advice. The only exception to the disqualification is if you have lived in the home and provided care for your mother for...

If an estate is yet to be divided and one beneficiary is sued can the other beneficiaries assets be pulled into that lawsuit?

I would make sure that you procure liability insurance coverage to cover legal fees and any settlement or judgment in the event of a lawsuit.

A trust is definitely the way to go - one issue will be deciding on the trustee. I recommend consultation with a board certified estate planning...

How do I get my rental property under the protection of an LLC? Do you recomend and will the mortgage company allow it?

I generally do recommend that rental real estate be held in an LLC in addition to having liability insurance. I recommend that you consult with a...

My 95yr.old mother has over the $2000 cash limit in NC.She does not own a car. Can she buy a car to qualify for medicaid?

Yes, although there are other options such as setting aside $1500 for burial expenses. I also recommend that you consult with a North Carolina...

Are daughter's finances/assets part of Medicaid process for mother?

It is not.