Medicaid is a state-federal partnership that provides medical benefit assistance to people who qualify, especially those over 65 years of age. However, in order to qualify, you also need to meet certain financial requirements such as asset limits. However, if you have made “uncompensated transfers,” that could lead to a period of disqualification from the program. Read on to learn more.
Estate Planning
Retirement Planning for the Self-Employed
If you are self employed you are probably aware of the many expenses that come with owning your own business. In addition to employment taxes and health insurance, self-employed individuals find a viable alternative to the standard retirement options they have working for a larger corporation. Fortunately, people that are self-employed do tend to have […]
Coronavirus and Nursing Homes
The novel coronavirus, COVID-19, is spreading in the United States and across the globe. Social distancing and self-quarantine can help slow the spread. The virus is a particular threat to residents of nursing homes. Read on to learn more about the threat and how you can keep your loved ones safe.
The Complications of Estate Planning for Blended Families
Blending two different families is always challenging, but it can be especially so when it comes to estate planning. Blended families are complex by nature; you may have children from a previous marriage, children from your current marriage, as well as step children from your new spouse’s family. How do you divide up your estate? […]
Estate Planning Q&A: Does Ohio Recognize the No-Contest Clause?
A no-contest clause (also known as an in terrorem clause) is language in your Will that essentially gives your beneficiaries a choice: either take what you’ve given them or challenge the Will and get nothing instead. There are some variations to this language of course – some people just reduce the amount of the inheritance […]
