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Exempt Assets

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Category: Exempt Assets

Joint Tenant on Bank Accounts

Posted on by Eric Goldberg Posted in Powers of Attorney, Exempt Assets, Long-Term Care, Medicaid — No Comments ↓

I often see a senior parent put children on a bank account to allow them to write checks on his or her behalf to facilitate paying for bills. While this does make it easier for the child to pay for…

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Post Eligibility Transfers are Allowable under Federal Law

Posted on by Eric Goldberg Posted in Asset Protection, Exempt Assets, Long-Term Care, Post Eligibility Transfer, Medicaid — No Comments ↓

  As many of you know, elder law attorneys are trained to look at the totality of the situation, not just what is presented as the crisis at hand. Therefore, we must not only prepare for the ill spouse’s current…

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