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November 3, 2009

Using an Irrevocable Trust to Plan for Medicaid

There are many Medicaid planning strategies designed to transfer assets without incurring a penalty. (See http://www.perlalaw.com/blog/personal-caregiver-agreement/). This blog will explore many of these strategies. One such […]

November 3, 2009

Why do I Need to Plan for Medicaid? (Ie. Why Can’t I Just Give My Assets to My Children?)

In my previous post http://www.perlalaw.com/blog/hello-world/I discuss the cost of long-term care and the importance of planning for Medicaid. This blog will try to dispel many of […]

October 8, 2009

Know What a Living Trust Can Do for You (And What it Can’t Do For You)

The living trust can be a beneficial instrument for general estate planning as well as Medicaid planning purposes. The key is having a knowledgeable attorney to help you take advantage of its benefits and avoid its pitfalls. Contact attorney Elizabeth Perla at (440) 333-2503 today to discuss living trusts or other elder law and Medicaid planning issues.

September 9, 2009

Personal Caregiver Agreement

With a personal care agreement the caregivee can provide for his or her caregiving loved one and have Medicaid pay for future long term care costs.