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Binding: PaperbackDewey Decimal Number: 340 EAN: 9780979080135 Edition: 2nd ISBN: 0979080134 Label: Phylius Press Manufacturer: Phylius Press Number Of Items: 1 Number Of Pages: 264 Publication Date: January 01, 2008 Publisher: Phylius Press Studio: Phylius Press Editorial Review: Product Description: Written by an elder law attorney with over 24 years' experience, this book will help anyone with a family member faced with a long-term stay in a nursing home who wishes to preserve at least some of their assets by qualifying for the Medicaid program. You don't have to be broke to qualify! For the first time ever, the inside secrets of high-priced estate planning and elder law attorneys are revealed. Includes a summary of all income and asset rules for both married and single individuals, together with numerous examples and several case studies, which take the reader through the same thought processes that an experienced elder law attorney would go through when analyzing a real-life client's situation. The book includes tips on: how to title your home so you do not lose it to the state; how to make transfers to family members that won't disqualify you from Medicaid; how annuities make assets "disappear"; smart tricks for "spending down" your assets; what to change in your will to save thousands of dollars if your spouse ever needs nursing home care; avoiding the state's reimbursement claim following the nursing home resident's death; and much more. 2008 Edition has been expanded, revised, and completely updated to incorporate all changes in the law as of January 1, 2008. Average Rating:
 Rating: - Understanding and dealing with Medicaid for your parentsHow to Protect Your Family's Assets from Devastating Nursing Home Costs by Gabriel Heiser is a terrific book. It clarified for me the issues surrounding Medicaid and asset preservation in a straight forward and easy to understand way. It provided me insights into complexities that are necessary for anyone who might be venturing down this path to be aware of and understand. It put into perspective the options that are available and perhaps most important of all, provided me with the background ... Read More Rating: - Well written and comprehensiveI work in an industry where we have a need for such timely, topical and extensive information in the special needs planning area. I found Gabriel Heiser's book to be well written, easy to read, and very comprehensive. I have used it as a resource many times when I am questioned by one of our financial planners or attorneys in our network throughout the country. I have recommended his book to many who are struggling with the complexity of the medicaid system and how best to provide for a disabled ... Read More Rating: - Recommended by former librarianThe System makes it hard to get accurate information about Medicaid coverage of long-term care--even for a former reference librarian like me. I'm recommending this book to Amazon customers and to my local library. Rating: - Great Legal advice on nursing homes and protecting assets.Attorney Heiser's book on protecting assets from nursing home costs is an invaluable and terrific read. For those of us unaware of the financial devastation a nursing home stay can do to a family it is a must read. It gives the reader a chance to ask important questions of attorneys and financial planners to get the most out of their advice and to get through the many different state and federal laws that vary from state to state. Don't see an attorney without reading this first. Rating: - Valuable information on a complex subject.This book provides valuable information on a complex subject. Although it may not answer your specific questions, the information given allows you to make informed decision when consulting an estate planner or attorney. Informative easy to read book on a complex subject. |
