by Samantha Shepherd | Nov 13, 2019 | Elder Law
The Internal Revenue Service (IRS) has announced the amount taxpayers can deduct from their 2020 income as a result of buying long-term care insurance. Premiums for “qualified” long-term care insurance policies (see explanation below) are tax deductible to...
by Samantha Shepherd | Nov 11, 2019 | Elder Law
This is something of a gray area. Medicaid has income rules and generally any money you receive directly is considered income and may put you over the income limits in your state. However, payments made on your behalf generally are not considered to be income for...
by Samantha Shepherd | Nov 8, 2019 | Elder Law
Written By: Lelia Wardell Mander Thanks to recent changes in the tax law, families can now make limited transfers from existing 529 accounts to ABLE accounts with no tax consequences. Families with special needs children may be thinking about rolling existing 529...
by Samantha Shepherd | Nov 6, 2019 | Elder Law
Written By: Andy Jones To the relief of disability rights advocates nationwide, the U.S. Supreme Court has declined, without comment, to hear an appeal of a landmark ruling that pizza giant Domino’s must make its website and app accessible to people with disabilities....
by Samantha Shepherd | Nov 4, 2019 | Elder Law
The answer is probably yes. The state Medicaid agency would likely consider the payments to repair the condominium to be a transfer of assets causing a period of ineligibility for Medicaid. While your mother lived in the condo, you could have charged her fair market...
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