Medicaid Changes to Turn Estate Planning On Its Head

Summary


(This article was originally published in Lawyers Weekly USA, Boston, MA, another Dolan Media publication.)

Buried in the 750-page federal budget law is a bombshell for lawyers who practice elder law and estate planning - changes to the Medicaid long-term care eligibility rules that threaten to turn Medicaid planning on its head.

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Medicaid Changes to Turn Estate Planning On Its Head

The changes will be disastrous for seniors, their families and nursing homes, said Stuart D. Zimring, a Los Angeles elder law attorney and immediate past president of the National Academy of Elder Law Attorneys.

The new rules make it much harder for seniors to qualify for long- term care under Medicaid, suc...

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