The Medicaid Planning Handbook: A Guide to Protecting Your Family's Assets from Catastrophic Nursing Home Costs - Softcover

Bove, Alexander A.

Softcover

ISBN 10: 0316103659 ISBN 13: 9780316103657

Publisher: Little Brown & Co (P) March 1992, 1992

Synopsis

Long-awaited advice on how to protect family assets from the devastating costs of long-term healthcare and Medicaid requirements explains Medicaid law and the legal instruments available for every heath care situation.

About this title

From the Back Cover

The federal Medicaid program covers long term care expenses for the elderly, but only when a family can no longer pay those expenses itself - only after its life savings have been wiped out and the family home has been sold. This fully revised and updated edition of The Medicaid Planning Handbook shows how to avoid financial ruin by planning in advance for your parents' and your own long term care. The Medicaid Planning Handbook reviews the current Medicaid rules; covers in great detail all the available options for protecting assets from devastating nursing home costs; and explains how to use devices such as revocable and irrevocable trusts, powers of attorney, and intrafamily transfers, with a special emphasis on ways to protect the home. Alexander A. Bove offers clear, concise advice for every situation - both those in which there are no immediate long term care problems and those in which one or both spouses are already in a nursing home.

About the Author

Alexander A. Bove, Jr., is a prominent attorney with nearly thirty years of expertise in estate law. A former legal and financial columnist for The Boston Globe, he is also an adjunct professor of law at Boston University Law School. He lives in Boston, Massachusetts.

Edition details

• Publisher: Little Brown & Co (P) March 1992
• Publication date: 1992
• ISBN 10: 0316103659
• ISBN 13: 9780316103657
• Binding: Paperback
• Language: English
• Edition number: 1
• Number of pages: 163