Archived
Does a $20,000 cash gift by my mother 4 years ago have to be returned for nursing home costs now?
Teresa's answer
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Answered on January 11, 2011
It would depend on the exact date of the transfer as the any penalty for this could have passed already. The implementation of the Deficit...
I have applied for medicaid and my parent have property in india so they denied medicaid to them so what should i do?
Teresa's answer
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Answered on January 11, 2011
If the property is rented then the net income would be treated as income to them but the property could be excluded as an asset. You would need to...
Archived
What fine or punishment is there for a elder being denied nursing home because he may apply for medicade
Teresa's answer
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Answered on July 23, 2010
Nursing homes are licensed for a certain number of Medicare and Medicaid beds. They would prefer to fill beds with private pay patients or Medicare...
Archived
Care for elderly parents finances
Teresa's answer
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Answered on January 16, 2009
Your father should see an attorney and have a durable power of attorney, health care directive, and simple will prepared. He can name someone (you...
