Medicaid
Can my parents legally gift assets to avoid Medicaid penalties?
Families often feel anxious about the possibility of their parents' life savings and cherished family home being drained by long-term care costs. You may have heard about gifting property to children or establishing trusts as methods to preserve family wealth while...
Understanding the Medicaid lookback period
For seniors in Bucks County, Pennsylvania, planning for long-term care is an essential part of managing their later years. When it comes to qualifying for Medicaid, understanding the lookback period is crucial. Medicaid sets an asset limit for eligibility, and the...