Sign up below to receive Your Guide to Elder Law & Estate Planning
You'll Learn the Top 10 Myths of Elder Law & Estate Planning
- A revocable trust avoids estate taxes.
- A joint account is not a countable asset for Medicaid purposes.
- A power of attorney can make health care decisions.
- An IRS tax-free gift does not count as a gift for Medicaid purposes.
- A Will governs all assets, even accounts with joint titleholders or beneficiaries.
- You can’t own a home and be eligible for Medicaid benefits.
- Life insurance is not part of your taxable estate.
- An IRA is a countable resource for Medicaid purposes.
- A young person does not need Advance Directives.
- A disabled person cannot inherit money without losing government benefits.
Find out why all of the above are incorrect and get all the right answers inside our Guidebook.