Medicaid - Idaho Estate Planning

Life Estate Can Be a Powerful Planning Tool When Done Correctly

Life Estate Can Be a Powerful Planning Tool When Done Correctly
A majority of individuals’ most important asset is their home, and protecting it is always a priority. In your retirement, though, the threat of huge, unexpected medical bills is a possibility, and expenses like long-term care –which Medicare and other regular health insurance plans...

Yes, You Can Protect Your Assets and Qualify for Medicaid

  • 16 August 2017
  • Author: IEP Team
  • 0 Comments
Yes, You Can Protect Your Assets and Qualify for Medicaid
When it comes to estate planning and Medicaid, we've talked a lot about the topic. This is because too frequently we meet clients in dire straights to pay for long term care, and they need to qualify for Medicaid to do so. Unfortunately, if they haven't done any preparation for this day...

Top Mistakes People Make in Strategic Medicaid Planning

  • 12 October 2016
  • Author: IEP Team
  • 0 Comments
Top Mistakes People Make in Strategic Medicaid Planning
I was recently asked what are the biggest mistakes people make in doing strategic planning for Medicaid eligibility. There are actually quite of a few missteps that can cause a family headaches, and then heartache. Let's start with the first three: First is simply failing to do any...

Idaho Elder Law - Yes, Medicaid Planning is Ethical

“Well, even if Medicaid planning is not illegal, it’s gotta be immoral or unethical. So I just won’t do it.” If you remember from my article from last month, this was a lunch guest who had a strong opinion about “hiding” assets or “pretending to be...

Idaho Elder Law - Medicaid Planning is Legal

  • 15 September 2016
  • Author: IEP Team
  • 0 Comments
“How can you do Medicaid Planning?” That was the question my lunch guest fired at me not long ago. “It’s gotta be illegal to hide assets or at least immoral to pretend to be broke just to get Medicaid benefits!” she finished. Whoa, that was loaded question, but...
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