At the start of a new year and a new decade it’s a good idea to ruminate on the recently released Medicaid Spousal Impoverishment Rates...

When browsing the market for companies that offer Medicaid Compliant Annuities, you’ll find that there aren’t that many insurance...

When implementing a Gifting/Annuity Plan for a client (refer to Option 3 in this blog to learn more about Gifting Plans), clients often...

For married couples, when one spouse is applying for benefits, there are spousal impoverishment rules in place to prevent the...

For married couples, when one spouse is applying for benefits, there are spousal impoverishment rules in place to prevent the...

A free look period often lasts between 10 and 30 days (depending on the insurance company), and allows the annuity contract holder to...

Case Facts: Evelyn recently entered a nursing home charging $6,500 per month for her care. She is 83 years of age, has countable...

—One spouse in a Nursing Home and One Spouse Remains in the Community— Case Facts: Robert recently entered a nursing home charging $7,000...

Tax-Qualified annuities are used in connection with tax-advantaged retirement plans, such as defined benefit pension plans, Section...

1. Private Pay (Self-Insure): Self-insuring is essentially saving up enough money to pay for out-of-pocket care. 2. Long-Term Care...

When it comes to paying for long-term care, clients have two options – Impoverishment (qualifying for government assistance such as...

The Deficit Reduction Act of 2005 (DRA) was signed into law on February 8, 2006.  The DRA was the most recent federal legislation...

Funding a Medicaid Compliant Annuity (MCA) with a tax-qualified or IRA account can help your clients minimize tax consequences by...