Are you one of the millions of Americans over age 50 who has not yet started planning for long-term care?As financially responsible adults, most of us are prepared for some unexpected disasters – we pay for health and property … [Read more...]
Print This PageUpdate on Virginia Life Estate Law
July 8, 2009 by
In June of last year, I wrote that "in the near future, life estates will no longer be considered exempt assets when applying for Medicaid." This was due to the fact that the Virginia General Assembly had recently passed … [Read more...]
Print This PageLife Estate Law Changing Soon
June 16, 2008 by
See update on this article here.In Virginia, a life estate in real estate has always been treated as an exempt asset for the purposes of Medicaid eligibility. Unfortunately, the Virginia General Assembly recently passed … [Read more...]
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