Can I Transfer My Grandmother’s Car to My Name Without Causing a Medicaid Penalty Period?

By |2021-04-08T12:15:29+00:00April 8th, 2021|Asset Protection, Elder Law, Estate Plannning, General, Irrevocable Trust, Trusts|

An elder law attorney suggested the purchase of a vehicle as a way to protect some of my grandma’s assets. While this would be excluded during the Medicaid spend-down, what can we do to prevent the car from being taken by estate recovery after she passes? I was told to do a title transfer from her name to mine after she is qualified for Medicaid. Is it really that simple?

Should You Make a Gift or Use an Irrevocable Trust?

By |2020-09-08T16:59:30+00:00September 8th, 2020|Elder Law, Estate Plannning, Irrevocable Trust|

One of the most common reasons to engage in estate and elder law planning is to preserve your assets while still qualifying for long term care benefits provided by Medicaid. Many individuals who are getting close to retirement age look for options, such as passing on properties or assets to another family member. There is