Articles

New Medicaid Eligibility Rules Could Require Changes to Estate plans

The rules on getting help from the federal government to pay for nursing home expenses have been tightened, making it harder for senior citizens to qualify for long term care payments. With the average nursing home stay between two and three years at an average annual cost of $74,000, this could become a daunting financial burden for some seniors.  The federal government has toughened the rules designed to prevent individuals from transferring assets to family members,

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