Wade ScottDec 26, 20232 minHAPPY HOLIDAYS 2023#7-A Partridge in a Pear Tree and the Spousal Supplemental Needs TrustOn the first day of Christmas, my true love established a Will with a Spousal Supplemental Needs Trust provision for me! Estate planning...
Wade ScottDec 19, 20231 minHAPPY HOLIDAYS 2023#6-Silver Bells or Penalty Tolls: Gift Tax vs. Medicaid PenaltyIt is when a person loses their independence with activities of daily living that a history of giving gifts to loved ones complicates things
Wade ScottDec 12, 20232 minHAPPY HOLIDAYS 2023#5-Keeping Frosty Cool: Protect Assets from Feeling Medicaid's HeatAll the assets, including the income of a person applying for Medicaid, are under consideration during the Long-Term Care Medicaid...
Wade ScottDec 5, 20232 minHAPPY HOLIDAYS 2023#4-Beware of the Grinch! (The scam That Stole Christmas)Scammers work hard to establish an emotional relationship with the senior. The senior works even harder to come to the rescue.
Wade ScottNov 28, 20231 minHAPPY HOLIDAYS 2023#3-Santa's Medicaid List: Distinguishing the "Naughty" from the "Nice" in Asset TransfersThe Medicaid financial rules set limits on the amount of assets a person can retain to qualify for long-term care benefits.