While it is possible to do this, giving away a house can have major tax consequences, among other results. You May Not Have to Pay a Gift Tax ......
Medicaid
Continuing Medicaid Coverage During COVID Pandemic to End, Recipients Will Need to Meet All Eligibility Criteria Beginning April 1, 2023
In early 2020, we reported that in response to the COVID-19 public health emergency, an individual’s Medicaid benefit could not be reduced or...
Highlights of How the Omnibus Bill Will Benefit Older Adults
Omnibus Bill Highlights The Senate and House have cleared the passage of a year-end $1.7 trillion appropriations bill that will benefit older adults...
Will You Lose Your Medicaid Coverage When the Pandemic Ends?
When the COVID-19 pandemic began, the government declared a public health emergency and gave the states the ability to provide more citizens with...
Medicaid Covered Home and Community Based Care for Individuals with Dementia
Dementia is a loss of cognitive functioning, whether it be thinking, remembering, or reasoning. It is not a specific disease, but a group of...
Home Care Services with Medicaid
Being a family caregiver can be a real gift to your loved one. Often care provided by family allows your loved one to remain at home much longer...
3 Ways to Get Into a Nursing Home as a Medicaid Recipient
While Medicaid helps pay for nursing home care, getting in as a Medicaid recipient is not always easy. There are several ways to navigate the...
What to Do if Your Medicaid Application Is Denied
What to Do if Your Medicaid Application Is Denied If you apply for long-term care assistance through Medicaid and your application is denied, it may...
Millions of People Could Lose Medicaid Coverage When the Pandemic Is Declared Over
While declining COVID-19 cases are good news, the end of the pandemic could mean millions of Medicaid recipients will lose their coverage. Federal...
Medicaid’s Snapshot Date and Its Crucial Impact on a Couple’s Financial Picture
Medicaid's "Snapshot" Date When a married couple applies for Medicaid, the Medicaid agency must analyze the couple’s income and assets as of a...