medicaid snapshot date

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 chooses for this analysis is called the “snapshot” date and it can have a major impact on a couple’s financial future. Medicaid Eligibility for Couples…

Capital Gains taxes

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 how capital gains relate to real estate sales, but this time with a twist! Does The Capital Gains Tax Law Still Exist? How many of…

nursing home reform

Biden Proposes Major Nursing Home Reform

The Biden administration has announced far-reaching nursing home reforms, targeting staffing and accountability at facilities with deficient care. Advocates are calling the proposals, which include the first-ever federal minimum staffing levels, the most significant reforms in decades. Why Is Nursing Home Reform Necessary? Nursing homes have been plagued by chronic understaffing and high turnover rates…