What is CSPA and Why Is It Important For Medicaid?
Is the CSPA Connecticut’s Chapter of the ASPCA? Not exactly. So what is the CSPA and why am I writing about it anyway? CSPA stands for the Community Spouse Protected…
Read more
Medicaid’s “Snapshot” Date and Its Crucial Impact on a Couple’s Financial Picture
When a married couple applies for Medicaid, the Medicaid agency must analyze the couple’s income and assets as of a particular date to determine eligibility. The date that the agency…
Capital Gains Taxes On Real Estate Sales – When You Can Avoid Them and When You Cannot
Given the current seller’s market and tax time right around the corner, I thought it would be helpful to bring back an article that I posted three years ago about…
What Is An “I Love You” Will and When It’s a Bad Idea
Most couples have what I call “I Love You” Wills, which state that all of their assets pass to the surviving spouse. Moreover, many couples own all of their assets…
So You Inherited a Property. Now What?
Many families mistakenly believe that receiving an inherited property is as simple as listening to a reading of the Will and then that property magically belongs to you and you…
Asset Protection Planning Benefits For Medicaid
FALSE FACT FRIDAY IS BACK! “If I Give My Assets Away, I Have to Live for At Least Five Years” Part of my estate planning practice includes asset protection planning.…