How To Protect Your Family's Assets From Devastating Nursing Home Costs: Medicaid Secrets (5th Edition)
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Written by an elder law attorney with over 25 years of 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. The 2011 Fifth Edition has been expanded, revised, and completely updated to incorporate all changes in the law as of January 1, 2011, and includes two chapters on Veterans' benefits.

Paperback: 314 pages

Publisher: Phylius Press; 5 edition (January 15, 2011)

Language: English

ISBN-10: 0979080169

ISBN-13: 978-0979080166

Product Dimensions: 6 x 0.7 x 9 inches

Shipping Weight: 15.2 ounces

Average Customer Review: 4.2 out of 5 stars  See all reviews (4 customer reviews)

Best Sellers Rank: #1,898,720 in Books (See Top 100 in Books) #76 in Books > Textbooks > Medicine & Health Sciences > Administration & Policy > Medicaid & Medicare #88 in Books > Law > Family Law > Elder Law #172 in Books > Medical Books > Administration & Medicine Economics > Medicaid & Medicare

Excellent book you've written, Mr. Heiser. Everyone over 50, everyone with aging parents, and every professional who advises aging people on legal or financial matters should read this book as a primer on this topic, which eventually affects almost anyone who lives long enough.It is possible, I suppose, to find a fair amount of this information in bits and pieces scattered far and wide over the internet, but it would take days of research to do it, and the sources would largely be unverified. Your book brings it all together in one place, presents it in plain English and in context, and provides updates and access to the author--all for less than the cost of a dinner for two at the local steakhouse. What a bargain.

I believe this book is the best that it can be, given that it does not purport to cover rules unique to each area of the US. I found it very useful. However, I thought I was ordering the lastest version (Kindle), and instead received the download of an older version.

Given the increasing costs of medical care and shrinking entitements, this book is a must have for all of us whose aging parents and relatives will come to depend on good advice such as related in this handy reference work. There is just enough information to encourage the reader to seek an attorney or adviser with whom they can work to insure future benefits. I'd recommend this to anyone in need of this information.

I barely remember this, but other things I've read from this author on this and related subjects seem excellent.

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