What are Medicaid's Gifting Rules? Under Medicaid law, if you gift assets within five years before applying for Long-Term Care benefits, you will be ineligible for a period of time (called a transfer penalty), depending on how much you give away. While federal tax...
Elder Law Group Spokane
More Planning for Life …
Over the last ten days or so, we posted a series of articles – all nationally released – about growing older. The Dutch Village Where Everyone has Dementia was a wonderful article about a town modeled after the village in The Truman Show – you remember, perfect...
Planning for Living…
Everyone knows they should plan for post-retirement – protect assets, set up health care directives, power of attorney, perhaps trusts, and a host of other planning instruments. And yet there’s a real hesitation in doing so, people put it off. We see that every day...
Redstone & You
Sumner Redstone is a billionaire. At one time he was a pretty high profile billionaire, especially in the tabloids. That he’s in the news again isn’t all that surprising. That his story is a cautionary tale for everyone as they grow older and contemplate planning for...
About Piper
https://youtu.be/oezJaBgR52E This is Piper. Piper is our office dog. His stats are pretty impressive – he’ll be two in late July but he’s already had two surgeries after eating (1) a large rock; (2) 3 brass fittings. When he’s not sleeping – he puts teenagers to shame...
It’s Elder Law Month … So Let’s Talk to One Another
You may have seen the article on the Eva Rova Barnes estate – an estate case that was very recently settled by our Supreme Court. The decision was widely reported (you can read the San Francisco Chronicle’s coverage here). Simply put, the Rova family have owned a...
F. Scott Fitzgerald and Elder Planning Beyond the Numbers
It’s hard to believe but prior to the very early 1990’s assisted care facilities were sterile places, often modeled on and run like hospitals, and no one thought much of it. Residents were usually referred to as ‘patients’, with predictable, if not evident at the...
Livia’s House and Elder Care Planning
It’s easy in movies and on TV – a character needs assisted living, other characters are predictably upset, some drama follows, ten minutes later the character is in an assisted living home. From The Simpson’s to Happy Gilmore to Trainwreck and many shows in between,...
ST. PATRICK’S DAY & PLANNING
St. Patrick’s Day reminds me of a story a friend tells. He was in Ireland playing rugby, a team in Dublin gave him and his teammates passes to the All-Ireland Hurling Finals. That’s basically the Irish Super Bowl. Hurling, if you haven’t been exposed, is … Well,...