Practice Note for Elder Law Attorneys: By Gene L. Osofsky, Esq .[i] For purposes of determining the countable assets available to the individual applying for Medi-Cal, an asset which is “unavailable” enjoys – for the time that it remains unavailable – the same status as an asset which is “exempt”. We often think that an Read Full Article
Article Category Elder Law
[From an article prepared by ElderLaw Answers.com and reproduced here with permission]. The tax plan put forward by the Republican-led House of Representatives would eliminate many current deductions, and getting rid of one of them in particular could deal a serious financial blow to seniors and individuals with disabilities. The plan proposes eliminating the medical Read Full Article
Last Updated: 7/27/2009 6:12:35 PM Unfortunately, a diagnosis of a terminal illness often comes with many expenses. If you need money to pay for your medical care or comfort, you may be able to use your life insurance policy to get some immediate cash. “Viatical settlements” allow terminally ill individuals to sell their life Read Full Article