Medicaid Transfer of Assets
Medicaid Transfer As you might be aware, Medicaid has a “look back” period of five years for transfers. This means that a person can not take their assets, transfer them to a family member, or an irrevocable trust, and then apply for Medicaid. The Department Children and Families will dig through the financial records looking for any transfers within a five year period. What is more often overlooked are “unrealized” transfers. So, obviously if someone writes a check out of th
Divorce and Wills
I am often amazed how some Family Attorneys (Divorce lawyers) commit near malpractice by not informing their clients of the need to update their clients’ Wills during a divorce. The reason is that since the client has spent thousands of dollars, energy, and untold emotion “divorcing” themselves from their spouses, they leave behind a “string” that also needs to be severed; yet most family attorneys do not inform their clients of this need. When a person divorces, their then e